JLL is pleased to exclusively present an opportunity to acquire Ipswich Homebase, a Large Format Retail Centre in Ipswich, Queensland. The key investment highlights include: - Fully leased Large Format Centre with significant Centre WALE of 5.39 years by gross passing income- Ipswich Homebase comprises 10 leading national and multi-chain retailers including Fantastic Furniture, Spotlight, Chemist Warehouse and T.K. Maxx- The centre is prominently located on Brisbane Street on a high profile 2.919 hectare site, with over 350 at grade car parks- Population in the Main Trade Area is forecast to increase to 188,150 by 2031 (average annual growth of 2.96), driven by a number of nearby greenfield developments - Fully leased net income of $2,750,102* as at 30 September 2017*Approximately ^ MacroPlan Dimasi Trade Area Analysis as at August 2017The investment opportunity is being formally offered in one line with Northpoint Retail or individually via an Expressions of Interest (EOI) campaign closing Thursday 14 September 2017 at 4pm (AEST).
The size of West Ipswich is approximately 0.7 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of West Ipswich in 2011 was 464 people. By 2016 the population was 489 showing a population growth of 5.4% in the area during that time. The predominant age group in West Ipswich is 20-29 years. Households in West Ipswich are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Ipswich work in a professional occupation. In 2011, 33.2% of the homes in West Ipswich were owner-occupied compared with 40.5% in 2016.
West Ipswich has 314 properties. Over the last 5 years, Houses in West Ipswich have seen a 97.00% increase in median value, while Units have seen a 89.84% increase. As at 31 August 2024:
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