Central CBD Location – Major National Brand
202 Brisbane Street, Ipswich QLD
Property Highlights
5 Year lease to Sept 2025
Annual CPI increases
Net Income: $102,000 pa + GST
Description
+ New 5 year lease to 2025 plus 2 x 5 year options to 2035
+ Annual increases of CPI, with Ratchet Clauses
+ Beaumont Tiles – established in 1960, with over 110 stores nationwide they are a market leader in tiles and bathroomware
+ 809 sqm site in prime central CBD location with 20 metres main road frontage
+ 392 sqm ground floor + 30 sqm mezzanine office area, specifically built for Beaumont Tiles in 2015
+ Exceptional presentation inside and out
+ Ipswich – the fastest growing city in Queensland with population expected to grow from 200,000 to 500,000 over the next 25 years
+ Bank Guarantor and Personal Guarantee’s
+ Net Income: $102,000 pa + GST
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
809 SQM
Building Area
392 SQM