Iconic Ipswich CBD Freehold leased to Hogs Breath Café

Expressions of Interest

42 Brisbane Street

Ipswich QLD 4305

Retail

FOR SALE

505m2

Ray White Commercial is pleased to introduce to the market 42 Brisbane Street, Ipswich for sale by way of Expressions of Interest.

This iconic freehold comprises a 505m2* on a sizable 748m2* land parcel on the corner of Brisbane and Gordon Streets, located in the heart of the Ipswich CBD. Currently leased to Hogs Breath Café on a 3 year term with options generating a total net annual income of $119,083.00* per annum, 42 Brisbane Street offers an ideal opportunity to secure an income producing asset with future upside potential within the central Ipswich growth corridor.

Central CBD location with direct proximity to the Nicholas Street Precinct, Ipswich Central Train Station, Health & Medical specialists, Limestone Street Centre as well as other key corporate centers and surrounding residential suburbs.

* 505m2* building area plus 748m2* corner land parcel
* Leased to Hogs Breath Café generating $119,083.00* per annum with current term expiring 31/12/2023 with options of 3 + 4 years
* Fully-fitted and functional commercial restaurant fit-out in place
* Prime position in proximity to busy retail and commercial centers ensuring a popular retail dynamic
* Central Ipswich CBD location, supported by a dense residential and commercial catchment and access to a suburban retail focused locale
* Practical, sizable footprint allowing for future development upside
* Ability to park 6 cars on site plus access to 180 public car parks directly opposite

For sale by way of Expressions of Interest closing Monday July 25th, 2022.

Contact exclusive agents to secure a copy of the Information Memorandum and to discuss the property in further detail.

*Approximately

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.