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.
CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle StreetBRISBANE CITY, QLD 4000
1210 Ipswich Road
Moorooka, QLD 4105
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
CBRE - BrisbaneWaterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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