Situated on one of Brisbane’s busiest arterials with unrivalled exposure, 651-667 Ipswich Road presents a genuine value add investment opportunity with significant passing income.
Key features of this opportunity include;
– 1,565sqm* corner land holding over three titles
– 1,078sqm* multi-tenanted building
– Favourable Neighbourhood Centre zoning code assessable for up to 3 levels
– Over 45m of frontage to Ipswich Road with exposure to over 50,000 cars daily*
– Current passing net income of $172,957 per annum*
– Diverse income stream including office, retail, residential and billboard leases
– Genuine value add upside with staggered lease expiries
For further information please contact the exclusive agents and Inner City Specialists C Property.