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CBRE - Brisbane

1029 Ipswich Road Moorooka, QLD 4105

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1029 Ipswich Road,
Moorooka, QLD 4105

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CBRE - Brisbane
Joe Tynan

CBRE - Brisbane

Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
04220503...
CBRE - Brisbane
1029 Ipswich Road
Moorooka, QLD 4105

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PREMIUM METROPOLITAN RETAIL INVESTMENT 6KMS FROM BRISBANE CBD

  • 11.5 YEAR WALE*
  • Fully Leased Net Income: $595,754pa*
  • Prime 3,187sqm* site
CBRE Queensland Retail Investments are pleased to present Coles Express Moorooka.

Coles Express Moorooka represents a prime opportunity to acquire a near-new service centre on one of Brisbane’s busiest roads, positioned just 6km south-west of the Brisbane CBD.

- 71% of income paid 12 months in advance by blue-chip tenant Viva Energy

- 92% of income securely leased to national tenants Viva Energy & Gloria Jeans with leases until December 2031

- Strategically positioned as the first inbound service station at the end of the Ipswich Motorway with exposure to 75,000* cars daily

- Secured rental growth with fixed reviews between 2.65% – 4%

- New construction providing incoming purchaser with significant depreciation benefits & tax-effective income

- 3,187sqm* premium corner site with three-street access and over 90 meters of frontage to Ipswich Road in renowned precinct, Moorooka Magic Mile

- Fully Leased Net Income: $595,754pa*


FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 26 MARCH 2020 AT 4PM (AEST).

For further information on this unique opportunity, please contact the exclusive sales and marketing agents.

Property ID: 503483134Last Updated: 9 Feb 2024

CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000

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