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INCOME PRODUCING MAIN ROAD DEVELOPMENT OPPORTUNITY

1117 & 1133 Ipswich Road Moorooka QLD 4105

  • 1117 1133 Ipswich Rd Moorooka 3
  • 1117 1133 Ipswich Rd Moorooka 5
  • 1117 1133 Ipswich Rd Moorooka 6
  • 1117 1133 Ipswich Rd Moorooka 6
  • Pgfx Drc 190218 0008
  • Pgfx Drc 190218 0001crop
  • Pgfx Drc 190218 0008
  • Pgfx Drc 190218 0025
For Sale Current
Industrial & Warehouse
Investment
Property No.

Attributes and Features

Building Area 5 sqm
Land Area 7 sqm
Parking Ample rear parking
Last Updated Apr 08, 2019
Status Current

Cushman & Wakefield on behalf of the vendor is 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 development opportunity for a service station and 250sq m of retail 
- Up to 500m visability along Ipswich Road 
- Multiple crossovers and dual street access 
- Drive-through warehouse capabilities 

Key features 1133 Ipswich Road:- 
- 336sq m* NLA 
- 749sq m* site area 
- Current net return of $26,669pa 
- Fully leased net income $83,394pa 
- Vendor to provide rental guarantees over vacancy 
- Ample rear parking 

This property is for sale via Offers to Purchase closing Wednesday, 8th May 2019 (if not sold prior). 

For further information and to arrange an inspection, please do not hesitate to contact the Agents below. 

(*) denotes Approx

INCOME PRODUCING MAIN ROAD DEVELOPMENT OPPORTUNITY1117 & 1133 Ipswich RoadMoorooka, QLD 4105
1117 & 1133 Ipswich Road Moorooka QLD 4105