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1210 Ipswich Road, Moorooka, QLD 4105

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1210 Ipswich Road, Moorooka, QLD 4105
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1210 Ipswich Road, Moorooka, QLD 4105

Properties / Buy / Queensland / Moorooka
Development Potential

1. Property Summary

Property Type
Commercial
Sub Type
Other
Land Area
5,227 m² (*approx)
Selling Method
Private Sale: Contact Agent
DOCUMENTS AVAILABLE
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2. Property Highlights

HIGH-PROFILE INVESTMENT LEASED TO A NATIONAL CAR DEALERSHIP GROUP WITH FUTURE DEVELOPMENT POTENTIAL
  • Leased to national car dealership
  • Significant development upside (STCA)
  • Strategically located 9km from CBD

CBRE is pleased to present to market 1210 Ipswich Road, Moorooka.

• Leased to a national car dealership, Ozcar, and secured via a 5-year lease term with the tenant paying all outgoings (inc. land tax).

• Easily managed and defensive income stream via a single net lease with guaranteed income growth via CPI reviews over the remaining lease term.

• With the incoming new Neighbourhood Plan for Nathan, Salisbury and Moorooka, 1210 Ipswich Road will be the subject of rezoning and height increases along the ‘Magic Mile’.

• Situated in the heart of the established residential suburb of Moorooka, the site sits within close proximity to the Moorooka Train Station and an abundance of national & international retailers.

• Positioned on a premium 5,227sqm corner allotment offering significant underlying land value and outstanding exposure to Ipswich Road.

• Net Income $422,070* + GST per annum

1210 Ipswich Road, Moorooka is For Sale by Expressions of Interest closing Thursday 3rd October 2024 at 4pm (AEST).

*Approximate. ^As at 1 August 2024. **

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Dataroom

1. Property Summary

Property Type
Commercial
Sub-type
Other
Land Area
5,227 m² (*approx)
Selling method
Private Sale: Contact Agent
DOCUMENTS AVAILABLE
Request Access

2. Property Highlights

HIGH-PROFILE INVESTMENT LEASED TO A NATIONAL CAR DEALERSHIP GROUP WITH FUTURE DEVELOPMENT POTENTIAL
  • Leased to national car dealership
  • Significant development upside (STCA)
  • Strategically located 9km from CBD

CBRE is pleased to present to market 1210 Ipswich Road, Moorooka.

• Leased to a national car dealership, Ozcar, and secured via a 5-year lease term with the tenant paying all outgoings (inc. land tax).

• Easily managed and defensive income stream via a single net lease with guaranteed income growth via CPI reviews over the remaining lease term.

• With the incoming new Neighbourhood Plan for Nathan, Salisbury and Moorooka, 1210 Ipswich Road will be the subject of rezoning and height increases along the ‘Magic Mile’.

• Situated in the heart of the established residential suburb of Moorooka, the site sits within close proximity to the Moorooka Train Station and an abundance of national & international retailers.

• Positioned on a premium 5,227sqm corner allotment offering significant underlying land value and outstanding exposure to Ipswich Road.

• Net Income $422,070* + GST per annum

1210 Ipswich Road, Moorooka is For Sale by Expressions of Interest closing Thursday 3rd October 2024 at 4pm (AEST).

*Approximate. ^As at 1 August 2024. **

Read More
Dataroom
Development Potential
Harrison Coburn
Harrison Coburn
+61 *** *** *** show +61 400 532 906
Message Message
+61 400 532 906 harrison.coburn@cbre.com Message
John Nucifora
John Nucifora
+61 *** *** *** show +61 490 196 034
Message Message
+61 490 196 034 john.nucifora@cbre.com Message
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4. Property Location

1210 Ipswich Road, Moorooka, QLD 4105

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5. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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1210 Ipswich Road, Moorooka, QLD 4105 Moorooka
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CBRE - Brisbane
CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street BRISBANE CITY, QLD 4000
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Harrison Coburn
Harrison Coburn
+61 *** *** *** show +61 400 532 906
John Nucifora
John Nucifora
+61 *** *** *** show +61 490 196 034
Enquire