OFF MARKET

242 Brisbane Street
West Ipswich QLD 4305

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5854m2
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Property Details for 242 Brisbane St, West Ipswich

Building Type
Commercial
Land Size
5854m2
Local Government
Ipswich
Lot/Plan
242/SP290252

Last Listing description (November 2018)

242 Brisbane Street comprises a fully leased brand new retail centre dual-anchored by Puma Energy and Hungry Jacks (underwriting 63%* of the Centre s gross income) and supported by four national brand tenants: Zarraffa s Coffee, Snap Fitness, TSG Tobacco and Sunshine Kebabs. The property incorporates three adjacent buildings and a service station canopy plus two drive-thru facilities for both Hungry Jack s and Zarraffa s tenancies. Convenient car parking is provided for 66* vehicles on site.
242 Brisbane Street is located in the established suburb of West Ipswich in Brisbane s western growth corridor, one of the fastest growing regions in Queensland. The Centre is situated diagonally opposite Bunnings Warehouse and occupies an easily accessible, high exposure main road location at the traffic light controlled intersection of Brisbane Street and Clay Street, within 1* radial kilometre from the Ipswich CBD and 31* radial kilometres south-west of the Brisbane CBD.

Key attributes include:

- Brand new retail centre - National and Brand tenant mix
- Comprising a Puma Energy Service Station, Hungry Jack's, Zarraffa's, Snap Fitness, TSG Tobacco & Sunshine Kebabs
- Long term lease expiry profile (WALE) 12.75* years by income
- 100% leased with guaranteed rental growth
- All leases feature fixed annual reviews of up to 4%
- High profile, main road corner location opposite Bunnings Warehouse in Brisbane's western growth corridor
- Site Area: 5,854sq m*
- Lettable Area: 1,497sq m* (includes fuel canopy)
- Estimated Net Income $868,819pa*
*Approx
For Sale by Negotiation

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Property History for 242 Brisbane St, West Ipswich, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$14,300,000
16 Aug 2018
Listed for Rent
26 Jul 2018
  • 16 Aug 2018
    Sold for $14,300,000
  • 10 Oct 2017
    Listed for Sale For Sale by Negotiation
  • 23 Jun 2017
    Listed for Rent - Price not available
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