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7 Lowry Street
North Ipswich QLD 4305
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Sold on 22 Dec 2022

7 Lowry Street North Ipswich QLD 4305

  • Shop & Retail
  • 1,186 m²
  • Sold, $3,300,000

ASX Listed Metcash Investment | Proven Store in Brisbane's Booming West

    ***Business not for sale***

    Burgess Rawson is pleased to offer to the market, Total Tools, North Ipswich QLD for sale via Private Treaty

    The property has the following investment highlights:

    + Renewed 5 year lease to July 2026 plus options to 2036
    + Total Tools: national network of 94 stores established over 30 years, majority owned by ASX listed Metcash
    + Metcash (ASX: MTS): Australia's leading wholesale distribution and marketing company with current $3.8 billion market cap
    + Fixed 3.5% annual rent increases
    + Modern 1,186sqm* building incorporating showroom and front RSD access
    + Prime 1,356sqm* freehold site in key large format retail precinct
    + Riverlink Shopping Centre (150 retailers), Bridgestone, Goodyear, Highgrove Bathrooms and Reece all within 150 metres*
    + Ipswich: booming city 28km* from Brisbane CBD, with a projected population growth of 122% to 520,000 by 2041
    + Net Income: $204,849 pa* + GST

    For Sale by Private Treaty

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *approx.

    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold22 Dec 2022
    Sold Price$3,300,000
    Floor Area1,186 m²
    Land Area1,356 m²
    ParkingAsk Agent
    Property ID2018184211
    Category
    Last updated  6 Mar 2023
    Map for 7 Lowry Street North Ipswich QLD 4305

    Nearest transport* to 7 Lowry Street North Ipswich QLD 4305

    Bus
    Train
    Pine St at Browns Park211 m
    RiverLink Shopping Centre214 m
    Pine St near Flint St231 m
    Downs St at Browns Park284 m
    This data is © 2023 The State of Queensland, licenced under CC BY 4.0.
    *Within a 4km radius
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    nbn® Fibre to the Curb (FTTC) is available in this property
    Max wholesale speed tier available: nbn® Fibre to the Curb
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold22 Dec 2022
    Sold Price$3,300,000
    Floor Area1,186 m²
    Land Area1,356 m²
    ParkingAsk Agent
    Property ID2018184211
    Category
    Last updated  6 Mar 2023

    Co-Agents

    Beau Coulter
    Burgess Rawson VIC Pty Ltd
    Call
    0413 839 898
    Craig Chapman
    Burgess Rawson Queensland
    Call
    0427 110 132

    More about 7 Lowry Street North Ipswich QLD 4305

    7 Lowry Street North Ipswich QLD 4305 is categorized as Shop & Retail Property. It has a floor area of 1,186 m² and a land area of 1,356 m². The listing ID for this property is 2018184211.

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