6/1311 Ipswich Road, Rocklea, QLD 4106

Offices | Retail | Showrooms

For Sale Auction, Thursday 20th August 2020, 11am

Auction: Thursday, Aug 20, 11:00 AM

  • Property ID: 369697
  • Floor Area: 546m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
LEASED UNTIL 2026 + 2 X 5 YEAR OPTIONS - SELLER URGENTLY LIQUIDATING ASSET - CURRENTLY LEASED TO WESTPAC

Rockstar Rocklea investment opportunity. This property is situated 10km South of Brisbane CBD and takes advantage of it's impressive exposure to high volumes of vehicular traffic along Ipswich Road and surrounding National & International retailers. Watch our video for a virtual tour.

Currently leased to WESTPAC ASX listed company until May 2021

New lease with Organicann PTY LTD
- Commencement date 17th May 2021
- Brand new 5 year lease with 2 x 5 year options
- $175,000 p.a. + GST + All outgoings
- 6 Months Bond ($87,500 + GST)
- Personal Guarantee

PROPERTY ATTRIBUTES
- 562m2* 'A Grade Office' with exclusive amenities
- Includes 17 exclusive use car parks with direct access to tenancy
- Attractive annual increases
- Modern high quality premises
- Full building signage rights
- Extensive recent internal upgrades completed for Westpac including high speed internet (NBN), top of the line security and fit out including flexible layout
- Fully equipped kitchen / staff room
- Quality bathrooms
- Impressive server room
- Easily managed single tenant investment
- 10km South of Brisbane CBD
- High Exposure and high traffic road with easy access

Due to our sellers circumstances we have clear instructions to have this fantastic property sold on or before Auction.

For a detailed Information Memorandum including lease details, financials, tenant profile, floor plans and much more. Please feel free to contact us at any time.

*approx.

Please contact the listing agent for more details by clicking on the link above.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes


Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Rocklea Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3842 $94 2.46%
Industrial $2023 $122 6.05%
Offices $2093 $182 8.68%
This is the average advertised price, rent and yield for Rocklea, QLD 4106*

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™.
  • 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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