262 Anzac Avenue,
Kippa-Ring, QLD 4021
Shops & Retail • Showrooms & Large Format Retail • Offices
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Cushman & Wakefield - Brisbane
Level 11, 123 Eagle StreetBRISBANE CITY, QLD 4000
262 Anzac Avenue
Kippa-Ring, QLD 4021
Map of 262 Anzac Avenue
Blue-chip, nationally tenanted investment with unrivalled exposure
- Leased to Westpac Bank
- Land area of 809sqm*
- Net return of $149,057p.a.
On behalf of the vendors, Cushman & Wakefield are pleased to present 262 Anzac Avenue, Kippa-Ring for sale via expressions of interest closing 15 May 2024.
262 Anzac Avenue, Kippa-Ring benefits from the following characteristics:
• Freestanding commercial building totalling 298sqm* with 14* designated carparks
• Positioned on an 809sqm* land parcel zoned Centre under the Moreton Bay town planning scheme
• Dual street frontage to Anzac Avenue (exposure to over 20,000 passing vehicles daily), and the Kippa-Ring & Peninsula Fair Shopping Centres
• Westpac have occupied this location for over 35 years and have signed a 5-year lease with options extending until 2034 and featuring 3% p.a fixed rent reviews
• Net return of $149,057p.a
• Located 27km* north of the Brisbane CBD
• Offers a high degree of access provided through connection to arterial roads, linkages and public transport infrastructure
• The Moreton Bay Region’s population is expected to grow by 64.4% from 2021-2046 which will inevitably underpin rental and price growth for commercial assets through this region
For further information, please contact the exclusive agents from Cushman & Wakefield.
*Approximate
262 Anzac Avenue, Kippa-Ring benefits from the following characteristics:
• Freestanding commercial building totalling 298sqm* with 14* designated carparks
• Positioned on an 809sqm* land parcel zoned Centre under the Moreton Bay town planning scheme
• Dual street frontage to Anzac Avenue (exposure to over 20,000 passing vehicles daily), and the Kippa-Ring & Peninsula Fair Shopping Centres
• Westpac have occupied this location for over 35 years and have signed a 5-year lease with options extending until 2034 and featuring 3% p.a fixed rent reviews
• Net return of $149,057p.a
• Located 27km* north of the Brisbane CBD
• Offers a high degree of access provided through connection to arterial roads, linkages and public transport infrastructure
• The Moreton Bay Region’s population is expected to grow by 64.4% from 2021-2046 which will inevitably underpin rental and price growth for commercial assets through this region
For further information, please contact the exclusive agents from Cushman & Wakefield.
*Approximate
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Property ID: 504567664Last Updated: 30 Jul 2024
Cushman & Wakefield - BrisbaneLevel 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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