1029 Ipswich Road Moorooka QLD 4105

CBRE Queensland Retail Investments are pleased to present Coles Express Moorooka.

Coles Express Moorooka represents a prime opportunity to acquire a near-new service centre on one of Brisbane's busiest roads, positioned just 6km south-west of the Brisbane CBD.

- 71% of income paid 12 months in advance by blue-chip tenant Viva Energy

- 92% of income securely leased to national tenants Viva Energy & Gloria Jeans with leases until December 2031

- Strategically positioned as the first inbound service station at the end of the Ipswich Motorway with exposure to 75,000* cars daily

- Secured rental growth with fixed reviews between 2.65% 4%

- New construction providing incoming purchaser with significant depreciation benefits & tax-effective income

- 3,187sqm* premium corner site with three-street access and over 90 meters of frontage to Ipswich Road in renowned precinct, Moorooka Magic Mile

- Fully Leased Net Income: $595,754pa*

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 26 MARCH 2020 AT 4PM (AEST).

For further information on this unique opportunity, please contact the exclusive sales and marketing agents.