Blue-chip, nationally tenanted investment with unrivalled exposure
262 Anzac Avenue, Kippa-Ring QLD 4021
EOI 15/05/24
RetailSize: n/a
Block size: 809 m² approx.
On behalf of the vendors, Cushman & Wakefield are pleased to present 262 Anzac Avenue, Kippa-Ring for sale via expressions of interest closing 15 May 2024.
262 Anzac Avenue, Kippa-Ring benefits from the following characteristics:
Freestanding commercial building totalling 298sqm* with 14* designated carparks
Positioned on an 809sqm* land parcel zoned Centre under the Moreton Bay town planning scheme
Dual street frontage to Anzac Avenue (exposure to over 20,000 passing vehicles daily), and the Kippa-Ring & Peninsula Fair Shopping Centres
Westpac have occupied this location for over 35 years and have signed a 5-year lease with options extending until 2034 and featuring 3% p.a fixed rent reviews
Net return of $149,057p.a
Located 27km* north of the Brisbane CBD
Offers a high degree of access provided through connection to arterial roads, linkages and public transport infrastructure
The Moreton Bay Region's population is expected to grow by 64.4% from 2021-2046 which will inevitably underpin rental and price growth for commercial assets through this region
For further information, please contact the exclusive agents from Cushman & Wakefield.
*Approximate
262 Anzac Avenue, Kippa-Ring benefits from the following characteristics:
Freestanding commercial building totalling 298sqm* with 14* designated carparks
Positioned on an 809sqm* land parcel zoned Centre under the Moreton Bay town planning scheme
Dual street frontage to Anzac Avenue (exposure to over 20,000 passing vehicles daily), and the Kippa-Ring & Peninsula Fair Shopping Centres
Westpac have occupied this location for over 35 years and have signed a 5-year lease with options extending until 2034 and featuring 3% p.a fixed rent reviews
Net return of $149,057p.a
Located 27km* north of the Brisbane CBD
Offers a high degree of access provided through connection to arterial roads, linkages and public transport infrastructure
The Moreton Bay Region's population is expected to grow by 64.4% from 2021-2046 which will inevitably underpin rental and price growth for commercial assets through this region
For further information, please contact the exclusive agents from Cushman & Wakefield.
*Approximate
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Key details
Garage Spaces:
14
Property type:
Retail
Block Size:
809 m²*
Other Details
Maps and area information
Block information
Block size: 809m² (approx)
No block information available
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© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history
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Kippa-Ring suburb information
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SummaryMedian sales
Average Age
46 years
Population
9,745
Listing ID: 182450130. This listing has been viewed 0 times. It was first displayed on 16/04/2024 and last updated on 16/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.