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1029 Ipswich Road Moorooka QLD 4105

  • Shop & Retail
  • 376 m²
  • For Sale, Contact Agent

PREMIUM METROPOLITAN RETAIL INVESTMENT 6KMS FROM BRISBANE CBD

  • 11.5 YEAR WALE*
  • Fully Leased Net Income: $595,754pa*
  • Prime 3,187sqm* site

CBRE Queensland Retail Investments are pleased to present Coles Express Moorooka.

Coles Express Moorooka represents a prime opportunity to acquire a near-new service centre on one of Brisbanes busiest roads, positioned just 6km south-west of the Brisbane CBD.

- 71% of income paid 12 months in advance by blue-chip tenant Viva Energy

- 92% of income securely leased to national tenants Viva Energy & Gloria Jeans with leases until December 2031

- Strategically positioned as the first inbound service station at the end of the Ipswich Motorway with exposure to 75,000* cars daily

- Secured rental growth with fixed reviews between 2.65% 4%

- New construction providing incoming purchaser with significant depreciation benefits & tax-effective income

- 3,187sqm* premium corner site with three-street access and over 90 meters of frontage to Ipswich Road in renowned precinct, Moorooka Magic Mile

- Fully Leased Net Income: $595,754pa*

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 26 MARCH 2020 AT 4PM (AEST).

For further information on this unique opportunity, please contact the exclusive sales and marketing agents.

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2016107269
Floor Area376 m²
Land Area3,187 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  27 Feb 2020
Map for 1029 Ipswich Road Moorooka QLD 4105
Map for 1029 Ipswich Road Moorooka QLD 41051029 Ipswich Road Moorooka QLD 4105
CBRE Brisbane
Waterfront Place, Level 3 1 Eagle Street Brisbane City QLD 4000

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

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