ASX Listed Metcash Investment | Proven Store in Brisbane’s Booming West
7 Lowry Street , North Ipswich QLD
Property Highlights
Description
***Business not for sale***
Burgess Rawson is pleased to offer to the market, Total Tools, North Ipswich QLD for sale via Private Treaty
The property has the following investment highlights:
+ Renewed 5 year lease to July 2026 plus options to 2036
+ Total Tools: national network of 94 stores established over 30 years, majority owned by ASX listed Metcash
+ Metcash (ASX: MTS): Australia’s leading wholesale distribution and marketing company with current $3.8 billion market cap
+ Fixed 3.5% annual rent increases
+ Modern 1,186sqm* building incorporating showroom and front RSD access
+ Prime 1,356sqm* freehold site in key large format retail precinct
+ Riverlink Shopping Centre (150 retailers), Bridgestone, Goodyear, Highgrove Bathrooms and Reece all within 150 metres*
+ Ipswich: booming city 28km* from Brisbane CBD, with a projected population growth of 122% to 520,000 by 2041
+ Net Income: $204,849 pa* + GST
For Sale by Private Treaty
Please contact the exclusively appointed Burgess Rawson team for more information.
*approx.
Property Details