1210 Ipswich Road,
Moorooka, QLD 4105
Shops & Retail
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$422,070
Number of Tenants
1 Tenant
Private inspections
to arrange a private inspection.
Map of 1210 Ipswich Road
Train stations within 5 km of 1210 Ipswich Road, Moorooka, QLD 4105 Distance Moorooka Station 402 m Rocklea Station 671 m Yeerongpilly Station 1.6 km Salisbury Station 1.8 km Yeronga Station 2.4 km POWERED BY HERE ©Bus stops within 5 km of 1210 Ipswich Road, Moorooka, QLD 4105 Distance Hamilton Rd Near Blackburn St 162 m Anson St at Abel St 258 m Holmes St Near Keats St 324 m Abel Street Near Robinson St 330 m Robinson St Near Hamilton Rd 364 m POWERED BY HERE ©
POWERED BY HERE ©
HIGH-PROFILE INVESTMENT LEASED TO A NATIONAL CAR DEALERSHIP GROUP WITH FUTURE DEVELOPMENT POTENTIAL
- Leased to national car dealership
- Significant development upside (STCA)
- Strategically located 9km from CBD
CBRE is pleased to present to market 1210 Ipswich Road, Moorooka.
• Leased to a national car dealership, Ozcar, and secured via a 5-year lease term with the tenant paying all outgoings (inc. land tax).
• Easily managed and defensive income stream via a single net lease with guaranteed income growth via CPI reviews over the remaining lease term.
• With the incoming new Neighbourhood Plan for Nathan, Salisbury and Moorooka, 1210 Ipswich Road will be the subject of rezoning and height increases along the ‘Magic Mile’.
• Situated in the heart of the established residential suburb of Moorooka, the site sits within close proximity to the Moorooka Train Station and an abundance of national & international retailers.
• Positioned on a premium 5,227sqm corner allotment offering significant underlying land value and outstanding exposure to Ipswich Road.
• Net Income $422,070* + GST per annum
1210 Ipswich Road, Moorooka is For Sale by Expressions of Interest closing Thursday 3rd October 2024 at 4pm (AEST).
*Approximate. ^As at 1 August 2024. **
• Leased to a national car dealership, Ozcar, and secured via a 5-year lease term with the tenant paying all outgoings (inc. land tax).
• Easily managed and defensive income stream via a single net lease with guaranteed income growth via CPI reviews over the remaining lease term.
• With the incoming new Neighbourhood Plan for Nathan, Salisbury and Moorooka, 1210 Ipswich Road will be the subject of rezoning and height increases along the ‘Magic Mile’.
• Situated in the heart of the established residential suburb of Moorooka, the site sits within close proximity to the Moorooka Train Station and an abundance of national & international retailers.
• Positioned on a premium 5,227sqm corner allotment offering significant underlying land value and outstanding exposure to Ipswich Road.
• Net Income $422,070* + GST per annum
1210 Ipswich Road, Moorooka is For Sale by Expressions of Interest closing Thursday 3rd October 2024 at 4pm (AEST).
*Approximate. ^As at 1 August 2024. **
Property ID: 504679664Last Updated: 4 Sep 2024
1210 Ipswich Road
Moorooka, QLD 4105
CBRE - BrisbaneWaterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Offers To Purchase
222 Evans Road,Salisbury, QLD 4107 928 m²Warehouse, Factory & Industrial • Shops & Retail • Offices
Contact Exclusive Marketing Agents
Address available on request,Corinda, QLD 4075 61 m²Shops & Retail
$2,200,000
Lot 101 & 102, 15 Lambert Road,Indooroopilly, QLD 4068 249 m²Medical & Consulting • Offices • Shops & Retail