OFF MARKET

355 Brisbane Street
West Ipswich QLD 4305

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6058m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 355 Brisbane St, West Ipswich

Building Type
Commercial
Land Size
6058m2
Local Government
Ipswich
Lot/Plan
2/SP268084

Last Listing description (November 2023)

Stonebridge National Investment Sales is pleased to present Anaconda West Ipswich (Brisbane) for sale via Immediate Offers to Purchase.

The asset has the following key investment features:


- Modern, rarely offered Brisbane Large Format Retail Centre anchored by Anaconda with secure WALE of 5.88 years and outstanding income growth

- Anaconda (Spotlight Retail Group) - 10 year lease to 2028 + options to 2044 with favourable CPI annual rent increases

- Anaconda is a wholly owned subsidiary of Spotlight Group a privately held $4 Billion conglomerate in operation 45 years, 100+ stores throughout Australia, New Zealand and Asia Pacific across Anaconda, Harris Scarfe and Spotlight

- Wattyl Paints 10 year lease to 2029 + option with fixed 3% annual rent increases

- Wattyl Paints 100+ outlets nationally and wholly owned by Hempel Group, the world's largest paint coating manufacturer established in 1915, global revenue exceeded $2.2 Billion in 2022

- Substantial 6,081 sqm* site with 69 at grade car parks, seamlessly integrated with neighbouring 7-Eleven, Carl's Jr. & Bridgestone

- Expertly designed, modern development constructed in 2018 by Hutchinson Builders, providing significant depreciation benefits

- Absolute prime position along key retail thoroughfare with 65 metres* of direct frontage to Brisbane Street (23,573+ vehicles daily)

- Ideal location nearby complementary national retailers including Bunnings, Spotlight, Hungry Jacks, IGA, Chemist Warehouse, Fantastic Furniture, TK Maxx, Jax Tyres, Repco and Tradelink

- West Ipswich Rapidly expanding Brisbane suburb 30 km* from CBD, part of Queensland's fastest growing municipality with population forecast to reach 520,000+ residents by 2041

- Net Income $748,530 pa* + GST^

Anaconda West Ipswich (Brisbane) is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately
^As at November 2023

Property Code: 783

Property History for 355 Brisbane St, West Ipswich, QLD 4305

A timeline of how this property has performed in the market
Listed for Rent
22 Feb 2019
  • 05 Oct 2023
    Listed for Sale Contact the Stonebridge Team
  • 15 Jan 2019
    Listed for Rent - Price not available

Commute Calculator

About West Ipswich 4305

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:

  • The median value for Houses in West Ipswich is $683,821 while the median value for Units is $433,096.
  • Houses have a median rent of $380 while Units have a median rent of $260.
There are currently 3 properties listed for sale, and 2 properties listed for rent in West ipswich on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in West ipswich.

Suburb Insights for West Ipswich 4305

Market Insights
West Ipswich Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
West Ipswich Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.