58 Mollison Street, South Brisbane, a rare and unique opportunity to secure one of South Brisbane’s most recognisable and tightly held properties, 58 Mollison Street — formerly home to the famous Three Monkeys.
Offered to the market for the first time in 27 years, this landmark freehold presents a unique combination of significant holding income, prominent positioning and future upside in one of Brisbane’s most tightly held inner-city precincts.
Positioned directly opposite the entrance to West Village and at the intersection of Mollison and Boundary Streets, the property benefits from exceptional exposure, strong pedestrian and vehicle traffic and immediate access to the vibrant West End, South Brisbane and Southbank lifestyle precincts.
KEY HIGHLIGHTS
• Prominent 304m² freehold landholding*
• 284sqm of NLA across two levels
• Additional 166sqm of exclusive license area
• Significant holding income providing immediate investment value
• Iconic South Brisbane landmark with strong local history
• Exceptional exposure to the Mollison Street / Boundary Street intersection with 700 metre to the Qld Cultural Arts Precinct housing the State's Performing Arts, Museum and Library.
• Directly opposite the entrance to West Village and Adjoining Coles Anchored Soda Factory
• Versatile two-storey building with established hospitality infrastructure
• Fully fitted commercial kitchen and bar/café infrastructure
• Flexible potential for hospitality, retail, office or alternative uses (STCA)
• Strong future development and repositioning potential
• Short walk to all major public transport options of Brisbane Metro bus network, rail, Cross River Rail the CBD to South East Queensland
The property retains the distinctive character and atmosphere that made The Three Monkeys a long-standing South Brisbane institution. The existing improvements feature an eclectic blend of timber finishes, ambient lighting, character elements and established hospitality infrastructure.
A combination of indoor dining and entertaining areas is complemented by a private, leafy courtyard, creating a versatile offering for an owner-occupier, hospitality operator or investor.
Importantly, the property provides significant holding income, allowing an incoming purchaser to acquire a character asset with an existing income stream while considering its longer-term repositioning, refurbishment or redevelopment potential.
THE OPPORTUNITY
Whether seeking a secure investment with holding income, an owner-occupier opportunity, a hospitality venue or a future repositioning/development play, 58 Mollison Street offers an exceptionally rare opportunity to acquire a genuine South Brisbane landmark.
Opportunities of this calibre and character are seldom offered to the market — particularly with significant holding income and such a prominent position.
Enquire today to arrange an inspection or obtain further information from the exclusive marketing agents.
*Approximate
