Officeworks 2247 Ipswich Road Oxley QLD 4075

Stonebridge is pleased to present 'Officeworks Oxley (Brisbane)' for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

- Renewed 7 year lease to 2031 plus options to 2051 with favourable CPI annual rent increases up to 4% (min 2%)

- Officeworks Ltd Wholly owned subsidiary of ASX Listed Wesfarmers Ltd with revenues of $44.2Bn across 171+ stores nationally

- Large 2,873 sqm* site improved by immaculate and well maintained concrete tilt panel building with prominent signage and 35 car parks

- Longstanding and purpose built Officeworks outlet onsite for 20+ years

- Strategic position within strong retail & commercial precinct, adjacent First Choice Liquor and diagonally opposite Amart & Bunnings $60m superstore redevelopment

- Prominent exposure to Ipswich Motorway, accommodating 82,561+ vehicles daily and providing direct access to Brisbane CBD

- High quality build completed by reputable and market leading construction company, Hutchinson Builders

- Ideal location near national retailers, Bunnings, The Good Guys, JB Hi-Fi, National Storage, Harvey Norman, Eureka Furniture, Supercheap Auto, Petstock & McDonalds

- Oxley Established Brisbane metro suburb 10 km* from CBD and a major retail, commercial and industrial hub

- Brisbane Booming capital city and economic engine of the $409 Billion* Queensland economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents

- Net Income $511,634 pa* + GST

*Approximately

'Officeworks Oxley (Brisbane)' is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

Property Code: 1147