Stonebridge National Investment Sales is pleased to present Bridgestone West Ipswich (Brisbane) for sale via National Portfolio Auction on Tuesday 31 October at 11am (AEDT).
The asset boasts the following key investment features:
- Secure 10 year net lease to 2028 + options to 2045 with favourable uncapped CPI increases
- Bridgestone Australia Limited Subsidiary of Tokyo listed Bridgestone Corporation with 300+ locations nationwide and $44 Billion market capitalisation
- Well configured site with 12 car parks, seamlessly integrated with neighbouring 7-Eleven, Anaconda, Carl's Jr. & Wattyl Paints
- Modern, purpose built Bridgestone Select Tyre & Auto Centre featuring the global company's latest corporate branding, internal equipment and technology, offering strong depreciation benefits
- Prominent building and totem signage providing excellent exposure to wider precinct and major Brisbane Street signalised intersection (25,573+ vehicles daily)
- High profile retail and trade services location amongst Bunnings, Spotlight, IGA, Chemist Warehouse, McDonald's, Hungry Jack's, TK Maxx, Repco & 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
- Tyre & Auto One of Australia's most sought after asset classes due to its favourable nondiscretionary characteristics and security of lease covenants
- Net Lease Tenant pays all usual outgoings including Land Tax
- Net Income $120,461 pa* + GST
Bridgestone West Ipswich (Brisbane) is for sale via National Portfolio Auction on Tuesday 31 October at 11am (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 781