Blocksidge & Ferguson are pleased to present 431-439 Ipswich Road Annerley for sale for the first time in almost 100 years. This is a rare opportunity to purchase a freehold multi-tenanted property holding in a prime location.
Situated only 4.6 radial kilometres from Brisbane CBD, this property occupies a prominent position on the inbound side of Ipswich Road within the sought after city fringe suburb of Annerley.
Highlights of this property include:
- 663m2 of freehold land
- Net annual income of $102,384 + GST
- Strategic WALE allowing repositioning upside
- Long term tenants with an average tenure of 5.2 years
- 547m2 of retail & office space over eleven tenancies
- Flexible tenancy configurations that can be modified to suit future needs
- 14 car spaces onsite
- 27m street frontage to busy Ipswich Road
- Recently refurbished rear carpark with 14 bays
- Fantastic transport options surround the property including rail and bus links
- Development opportunity now or in the future
Contact us to arrange an inspection or to request the Information Memorandum.
