300 Ipswich Road, ANNERLEY QLD 4103
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- Offices, Retail
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- 31 Aug 2016
Redefine Brisbane's South
300 Ipswich Road, Annerley offers the following key attributes:
- 9,081m²** land parcel
-Multiple development opportunities
- Operating retail centre with 3,379m² NLA
- Total Gross income of $1,307,874 PA* with a net income of $922,472 PA*
- Located opposite the Princess Alexandra Hospital and Buranda Shopping Centre
- Fully leased centre on short flexible lease terms with a total of nine tenants
- Impressive three street access to Ipswich, Cornwall and Emperor streets
- Eastern Corridor Neighbourhood Plan 7 storeys code assessable
- Residential, Retail, Hotel, Medical, Commercial and mixed use redevelopment options
Colliers International and Chesterton International are pleased to present 300 Ipswich Road, Annerley for sale via an Expressions of Interest closing 11th June 2015 at 4pm. Located at 268-302 Ipswich Road and 17 Emperor Street in Annerley, the property is a fully tenanted operating retail centre which sits on a high profile 9,081sqm land amalgamation (includes a 655sqm volumetric lot), made up of multiple contiguous lots with extensive frontage to Ipswich Road and Cornwall St.
Neighbouring some of Brisbane’s most significant public and private infrastructure, such as the Princess Alexandra Hospital, Buranda Shopping Centre, UQ School of Pharmacy and The Boggo Road precinct, this landmark site offers an incoming owner the benefit of its location and secure operating income coupled with a multitude of redevelopment options. The key public transport hubs and major motorway connections that are within close proximity to 300 Ipswich Road include Eastern Busway, Buranda Train Station, Park Road train station, The Clem 7 Tunnel along with Ipswich Road and Pacific Motorways, making this property undoubtedly one of Brisbane’s most connected sites.
300 Ipswich Road is improved with a number of single story retail buildings accommodating nine different tenants over 3,379sqm net lettable area. The tenants include Sam Coco Trading, Chop Shop, QScan, St Vincents De Paul, BWS, Cheesecake Shop, Extrastaff Recruitment, GPP Annerley and B. Athanassiadis Dental. The site is zoned District Centre 1 and its development potential is set out in Eastern Corridor Neighbourhood Plan in Brisbane City Council’s City Plan 2014. The Plan provides for maximum building height of 7 storeys with uses for retail, office and multiple dwelling residential development.
*approximately ** Including volumetric lot
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
300 Ipswich Road ANNERLEY