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1117-1133 Ipswich Road, Moorooka, Qld 4105

1117-1133 Ipswich Road, Moorooka, Qld 4105

Industrial/Warehouse Land/Development

  • For Sale
  • Contact Agent
  • Offers to Purchase

Large 7,259sq m* site on Major Arterial Road Returning $619,629pa Net - 8% yield

  • 7,259sq m* site
  • $619,629 Net Income
  • 9km's* from Brisbane CBD

  • Land Area
  • 0.73ha (1.79 acres) (approx)
  • Floor Area
  • 5,443 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Jul 19, 2019

Interested in this property? Contact an Agent today

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street

Brisbane City Qld 4000

Savills - Brisbane

Level 2, 66 Eagle Street

Brisbane City Qld 4000

Large 7,259sq m* site on Major Arterial Road Returning $619,629pa Net - 8% yield

Savills and Cushman & Wakefield on behalf of the vendor are pleased to present to the market for sale 1117 & 1133 Ipswich Road, Moorooka available individually or in one line.

The property is ideally located at the entrance to the Magic Mile, being the first major properties located off the Ipswich Motorway inbound to Brisbane's CBD offering left in and left out access from Ipswich Road. Centrally located along major logistics growth corridor to Ipswich the property benefit from excellent connectivity to Beaudesert and Ipswich Roads, in addition to the Logan and Pacific Motorways. Major bus and rail networks neighbour the site providing excellent transport for all customers and staff to the site, with less than 100m walk to the train station.

Key features 1117 Ipswich Road:-

- Expansive 6,510sq m* site area
- 5,107sq m* GFA
- Brand new 3 year lease to long standing tenant Concept Tiles - approx. 30 years
- Net income $536,235pa
- Tenant pays all outgoings
- 6 month demolition clause
- 70 metres and 90 metres frontage to Ipswich Road & Unwin Street respectively
- Significant exposure to 50,000 cars* daily
- Code assessable

1117-1133 Ipswich Road, Moorooka, Qld 4105

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