5 Pine Street North Ipswich QLD 4305

Shop & Retail
1 m²
Sold

Prime Fast Food Investment - Secure 10 Year Net Lease

Prime fast food investment
Fixed 3.5% annual rent increases
Net Income $181,125 pa + GST

Cushman & Wakefield is pleased to present to the market 5 Pine Street, North Ipswich (Brisbane) for Sale via Offers to Purchase.

The property has the following key characteristics:

- Secure 10 year net lease to 2030 + options to 2050
- Guzman Y Gomez - Successful, rapidly growing fast food chain, 151 stores globally & market cap of $870 Million
- Brand new drive thru store, complete with latest Guzman Y Gomez corporate fit out offering longevity & significant depreciation benefits
- High profile standalone corner site with 1,610 sqm land zoned CBD Res High Density (Mixed Use)
- Adjacent to $250 Million Riverlink Shopping Centre with 6.15 ha retail space including Coles, Woolworths, ALDI, Target, Kmart & Limelight Cinemas
- Ipswich - Booming location 30 km from Brisbane, fastest growing municipality in QLD with 151% population growth forecast to 2041, totalling 555,000+ residents
- Net lease - Tenant pays all outgoings incl. Land Tax
- Fixed 3.5% annual rent increases
- Net Income $181,125 pa + GST

For more information please contact the Exclusive Property Professionals at Cushman & Wakefield.

Cushman & Wakefield Brisbane

Level 27, 123 Eagle St

Brisbane City, QLD 4000

Property Highlights

Date Sold	3 May 2021
Floor Area	1 m²
Land Area	1,610 m²
Parking	20 x Onsite parkings
Property ID	2016903038
Category	Shop & Retail Offices Other
Last updated	5 May 2021

Map for 5 Pine Street North Ipswich QLD 4305

Nearest transport* to 5 Pine Street North Ipswich QLD 4305

Bus

Train

Pine St at Browns Park	134 m
Pine St near Flint St	145 m
Pine St near Canning St	347 m
Pine St near Lennon Lane	358 m

*Within a 4km radius

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Cushman & Wakefield Brisbane

Level 27, 123 Eagle St

Brisbane City, QLD 4000

Property Highlights

Date Sold	3 May 2021
Floor Area	1 m²
Land Area	1,610 m²
Parking	20 x Onsite parkings
Property ID	2016903038
Category	Shop & Retail Offices Other
Last updated	5 May 2021

Listed by

Cushman & Wakefield Brisbane

Call

1800 867076

More about 5 Pine Street North Ipswich QLD 4305

5 Pine Street North Ipswich QLD 4305 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 1,610 m². There are 20 x onsite parkings.The listing ID for this property is 2016903038.