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Retail in North Ipswich
Entry-Level Fast Food Investment
- Building: 191m²
- Land: 481m²
RWC Retail are pleased to present Bronco Burgers North Ipswich, for sale by Auction on Friday 9th May, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City.
|What|
• Single-tenanted fast food investment
• Freestanding 191sqm* building
• New 5 Year whole-of-land net lease to 2029
• All usual outgoings recoverable
• Net Income of $50,000 + GST p.a.
|Where|
• Main road landholding just 1km* North of the Ipswich CBD
• Exposure to over 105,000 vehicles weekly
• Directly opposite North Ipswich State School, and directly connected to Riverlink Shopping Centre
• In the heart of the Ipswich growth corridor, which is set to almost double in population to 480,000 by 2041
|Why|
• The ideal entry-level investment, with a single tenant on a net lease
• Landlord favourable CPI annual rent increases
• Thriving fast food tenant, with no nearby competition from freestanding national fast food chains
• A further 5 year option to 2034
191m²
481m² / 0.12 acres
Tenanted
Retail, Showrooms/Bulky Goods, Offices