Dugan & Co Property are pleased to exclusively present 1821 Ipswich Road, Rocklea to the market for Sale.
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.
Property Features:
• 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.
Remember to mention you found this property on CommercialReady
1821 Ipswich Road, Rocklea, QLD, 4106