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Iconic Inner City Investment

55 Ipswich Road Woolloongabba QLD 4102

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EOI Current
Showrooms & Bulky Goods
Investment
Property No.

Attributes and Features

Building Area 1 sqm
Land Area 1 sqm
Last Updated Mar 04, 2020
Status Current

On behalf of the sellers, Cushman & Wakefield are pleased to exclusively present 55 Ipswich Road, Woolloongabba to the market for sale via Expressions of Interest closing Thursday 5th March at 4pm.

This quality multi-tenanted investment offers the following key characteristics;

• Current net income of $449,045+ GST / annum
• Secure income stream from multiple tenants
• Total net lettable area of 1,906sqm*
• Dominant 1,677sqm* regular shaped land holding facing Ipswich Road
• Anchored by renewed 5+5 year lease to Brisbane’s largest, and the longest operating laser tag globally
• 28 on site car parks (1:60)
• Zoned MU1 Mixed use allowing for redevelopment up to 6 Storeys (STCA)
• Strong positioning within one of Brisbane’s largest urban renewal precincts with recent private and public sector investment totaling over $7 Billion

Approx.*

For further information please contact the exclusive agents at Cushman & Wakefield.

Iconic Inner City Investment55 Ipswich RoadWoolloongabba, QLD 4102
55 Ipswich Road Woolloongabba QLD 4102