Share this property

Colliers International - Brisbane
Tour

114 Brisbane Street Ipswich, QLD 4305

Directions

114 Brisbane Street
Ipswich, QLD 4305

Offices • Shop & Retail • Other

Price information

Sale - Expression of Interest closing Thu 27 Feb

Contact Agent

Land area

2834.0m²

Floor area

4564.0m²

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Partially Leased
Est. Incomep.a.
$2,114,945
Number of Tenants
4 Tenants

Expression of Interest

Closing

Add to calendar
Colliers International - Brisbane
114 Brisbane Street
Ipswich, QLD 4305
Samuel Biggins
Simon Beirne

Colliers International - Brisbane

Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000

Map of 114 Brisbane Street

Directions

Bendigo Bank’s Queensland Headquarters with New 6-Year Lease

  • Net Lettable Area: 4,564m*
  • 75 basement carparks (1:61m²*)
  • Naming & Signage rights to Bendigo Bank
Colliers International and Knight Frank have the exclusive pleasure in presenting for sale the Bendigo Bank Building at 114 Brisbane Street, Ipswich, Queensland. Underpinned by a new 6-year lease to Bendigo Bank commencing in July 2019 for over 70%* of the NLA, the asset offers the following investment fundamentals:

- Modern 2009-built 4-level office asset in the heart of the Ipswich CBD;
- Net Lettable Area: 4,564m²*;
- WALE: 4.38 Years* (by income) as at 1 November 2019;
- 75* basement carparks (1:61m²);
- Naming and signage rights to Bendigo Bank (ASX:BEN); and
- Located in the heart of the Ipswich CBD, one of Australia’s fastest growing LGA’s with a population growth rate of 5.38%* p.a.

Bendigo Bank’s presence in Ipswich originated over 140 years ago with the then Ipswich and West Moreton Building Society and continues to this day with over 230 staff employed in this facility. The current Bendigo Bank building encompasses the original heritage-listed Ipswich Post Office and Clock Tower, which has been refurbished into modern office accommodation.

Ipswich has a strong, diversified local economy underpinned by the defence, manufacturing, education, logistics, healthcare and residential sectors. With major infrastructure investment underway in the region including upgrades to RAAF Base Amberley and the $124.5m upgrade of the Ipswich Hospital, the region offers strong growth prospects for incoming investors.

The Bendigo Bank Building is for sale by Expressions of Interest closing Thursday 27 February 2020 at 4pm (AEST).

For further information on this opportunity, please contact the marketing agents.

*Approximately

Additional information

Virtual tours

External websites

Property ID: 503379822Last Updated: 12 Dec 2019

Agency contacts

Colliers International - Brisbane

View Profile

Colliers International - Brisbane

Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000
Knight Frank - Brisbane

View Profile

Knight Frank - Brisbane

Level 3, 12 Creek Street
BRISBANE CITY, QLD 4000
progress tick

Sending email...

Email enquiry

Samuel Biggins

Send to:

Samuel Biggins
Colliers International - Brisbane
114 Brisbane Street Ipswich, QLD 4305

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call