1821 Ipswich Road, ROCKLEA Queensland 4106For Sale Contact Agent
ASX Listed Tenant at Landmark Site - EOI Closing August 24th
Industrial/Warehouse - ROCKLEA Queensland
Dugan & Co Property are pleased to exclusively present 1821 Ipswich Road, Rocklea to the market for Sale via an Expressions of Interest Campaign closing at 5pm on the 24th of August(Unless sold prior).
Situated on a 8,244sqm block in the heart of Rocklea with two street frontage onto Suscatand Street & Ipswich Road this opportunity provides astute investors with the chance to purchase a landmark site. ASX Listed tenant in Tamawood Ltd (ASX: TWD) hold a head lease over the whole site until 2028 with 2 x 5 year options.
• 8,244sqm Land Parcel on Ipswich Road
• 7,212sqm Gross Floor Area
• Current Return – $764 603.52 net p.a
• ASX Listed Tenant – Tamawood Ltd (Dixon Homes)
• Leased until 2028 w.2 x 5 year options
• CPI% Increases Annually
• Tenant Insured for Flood Cover over whole site
• Opportunity for Future Rental Uplift
For further information please contact Isaac Sarra and Paul Dugan from Dugan & Co Property.
- Land is 8,244 m²
7212sqm* FLOOR AREA