114 Brisbane Street,
Ipswich, QLD 4305
Offices • Shops & Retail • Other
Key property information
Land area
Floor area
Car spaces
Tenure type
Sold on
Knight Frank - Brisbane
Level 22/12 Creek StBRISBANE CITY, QLD 4000
114 Brisbane Street
Ipswich, QLD 4305
Map of 114 Brisbane Street
Bendigo Bank’s Queensland Headquarters with New 6-Year Lease
- Net Lettable Area: 4,564m*
- 75 basement carparks (1:61m²*)
- 5 Star NABERS Rating
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: 4.05 Years* (by income) as at 1 March 2020;
- 75* basement carparks (1:61m²);
- 5 Star NABERS Rating;
- 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 offers to purchase.
For further information on this opportunity, please contact the marketing agents.
*Approximate
- Modern 2009-built 4-level office asset in the heart of the Ipswich CBD;
- Net Lettable Area: 4,564m²*;
- WALE: 4.05 Years* (by income) as at 1 March 2020;
- 75* basement carparks (1:61m²);
- 5 Star NABERS Rating;
- 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 offers to purchase.
For further information on this opportunity, please contact the marketing agents.
*Approximate
Explore property virtually
Video
Additional information
External websites
Ipswich, 4305 demographic data
The median household income for Ipswich is $1,134, 39% lower than Greater Brisbane's household income of $1,849. Ipswich has an older age profile compared to the rest of Greater Brisbane (median age 45 vs 36). Property ownership data shows 56% of property owners in Ipswich have a mortgage.
2,468
Population
$1,134 per week
Median household income
45 years
Median age
Renters
Most residents
Families
Most households
Knight Frank - Brisbane Level 22/12 Creek St
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Colliers - BrisbaneLevel 5, 1 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
More properties from Knight Frank - Brisbane
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
2A Tournament Drive,Brookwater, QLD 4300 2000 m²Development Sites & Land • Shops & Retail • Offices