24 East Street, Ipswich, QLD 4305

Investment | Offices

Sold

  • Property ID: 263688
  • Floor Area: 896m²
  • Land Area: 809m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
  • Cafes: 19 nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 13/11/2017 896m2 809m2 Contact Agent
Company Established 40 Years' Ago

Highlights of the Property include:

- Brand new lease to national covenant
- Lease expires 3 July 2022 plus five (5) year option.
- Net lease with tenant paying all outgoings
- Annual rental adjustments of 4%
- Net Income of $340,000* p.a.
- Substantially refurbished commercial building providing an excellent standard of office accommodation
- Ipswich will be the fastest growing city in Queensland over the next twenty years
- Situated in close proximity to transport options and shopping amenities

Asking Price: $3,850,000

*approximately

Additional Information
Features
  • Car Spaces: 10
Ipswich Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $127 ---
Offices $2488 $291 11.68%
Retail $4269 $265 6.21%
This is the average advertised price, rent and yield for Ipswich, QLD 4305*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 24 East Street, Ipswich, QLD 4305. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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