102 Brisbane Street Ipswich QLD 4305

Secure 10 year lease to 2018 + options to 2028.
Substantial 2 storey building totalling 505 sqm.
Ipswich City is just 40 km west of Brisbane with population estimated to increase from 175,000 in 2011 to 462,000 in 2031.
Main CBD position adjacent to NAB & Ipswich City Square.
6 on-site car spaces and rear lane access.
Attractive 4% annual increases.
Tenant pays outgoings excl. Land Tax.
Net income $134,204pa + GST (as at May 2014).

For Sale by Private Treaty
Indicative Asking Price $1,600,000
Yield 8.38%