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Burgess Rawson (QLD) - Brisbane
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Coles Express, 73 Blackstone Road Ipswich, QLD 4305

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Coles Express, 73 Blackstone RoadIpswich, QLD 4305

Shop & Retail • Showrooms & Bulky Goods • Other
Sold Price

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Land area

1487.0m²

Floor area

187.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

26 Jun 2019

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

Property ID: 503205818Last Updated: 22 Aug 2019

Burgess Rawson (QLD) - Brisbane
Coles Express, 73 Blackstone Road
Ipswich, QLD 4305
Glenn Conridge

Burgess Rawson (QLD) - Brisbane

Level 24,324 Queen Street
BRISBANE CITY, QLD 4000

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Burgess Rawson (QLD) - Brisbane

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Burgess Rawson (QLD) - Brisbane

Level 24,324 Queen Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Melbourne

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000
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Glenn Conridge

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Glenn Conridge
Burgess Rawson (QLD) - Brisbane
Coles Express, 73 Blackstone Road Ipswich, QLD 4305

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

Kind Regards,

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