Coles Express, 73 Blackstone Road,
Ipswich, QLD 4305

Shops & Retail • Showrooms & Large Format Retail • Other

Key property information

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Map of Coles Express, 73 Blackstone Road

Directions

As New Coles Express Investment

New 10 Year Lease To Coles + Options
Prime Corner Site In Booming Ipswich
Fixed Annual 3% Rent Increases

Brand new 10 year lease direct to Coles Group to June 2029 plus options to 2049
Fixed annual 3% rent increases – including at exercise of option
Tenant pays usual outgoings as per the lease
Coles Express: 685+ outlets across the country & subsidiary of ASX Top 20 company Coles Group – Market cap $17B
Blue chip PAD site within Silkstone Village Shopping Centre, anchored by high volume Coles plus 9 complimentary retailers including Liquorland and 275 car parking spaces
As new improvements constructed 2017 including double skin fibreglass tanks
Significant tax depreciation benefits
City of Ipswich: population to increase 143% to 520,000 by 2041. 95% of households owning at least one car^
Net Rent: $200,873 pa

^(Source: City of Ipswich)

Auction 11am AEST Wednesday 26 June 2019
River Room, Crown Casino, Melbourne

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

CBRE - QLD

Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000