Anaconda, 355 Brisbane Street West Ipswich QLD 4305

Stonebridge National Investment Sales is pleased to present Anaconda West Ipswich (Brisbane) for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

- Modern, rarely offered Brisbane Large Format Retail Centre anchored by Anaconda with secure WALE of 5.88 years and outstanding income growth

- Anaconda (Spotlight Retail Group) - 10 year lease to 2028 + options to 2044 with favourable CPI annual rent increases

- Anaconda is a wholly owned subsidiary of Spotlight Group a privately held $4 Billion conglomerate in operation 45 years, 100+ stores throughout Australia, New Zealand and Asia Pacific across Anaconda, Harris Scarfe and Spotlight

- Wattyl Paints 10 year lease to 2029 + option with fixed 3% annual rent increases

- Wattyl Paints 100+ outlets nationally and wholly owned by Hempel Group, the world's largest paint coating manufacturer established in 1915, global revenue exceeded $2.2 Billion in 2022

- Substantial 6,081 sqm* site with 69 at grade car parks, seamlessly integrated with neighbouring 7-Eleven, Carl's Jr. & Bridgestone

- Expertly designed, modern development constructed in 2018 by Hutchinson Builders, providing significant depreciation benefits

- Absolute prime position along key retail thoroughfare with 65 metres* of direct frontage to Brisbane Street (23,573+ vehicles daily)

- Ideal location nearby complementary national retailers including Bunnings, Spotlight, Hungry Jacks, IGA, Chemist Warehouse, Fantastic Furniture, TK Maxx, Jax Tyres, Repco and Tradelink

- West Ipswich Rapidly expanding Brisbane suburb 30 km* from CBD, part of Queensland's fastest growing municipality with population forecast to reach 520,000+ residents by 2041

- Net Income $753,257 pa* + GST^

Anaconda West Ipswich (Brisbane) is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately
^As at May 2024

Property Code: 783