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Ipswich

$16 Million Negotiable

2 Bell Street

OUTSTANDING INVESTMENT OPPORTUNITY IN IPSWICH - 8 STOREYS RETAIL & OFFICE BUILDING

LOCATED IN THE HEART OF CBD OPPOSITE TRAIN STATION - WITH NAMING RIGHTS FOR THE TOWER

RECENTLY REFURBISHED 8 LEVEL OFFICE BUILDING PLUS GROUND FLOOR RETAIL. TOTAL LETTABLE AREA IS 4,862 SQ MTRS. MANY FLOORS ARE PARTLY AND FULLY FURNISHED.

2,318 SQ MTRS GROUND + LG FLOOR + 2,208 SQ MTRS FROM TOTAL OF 7 UPPER FLOORS.

CURRENT VALUATION TO SUPPORT THE SALE PRICE

TOTAL CURRENT GROSS INCOME - $1,235,325 PER ANNUM + VACANT AREA (ESTIMATED LEASE) - $1,210,000 = TOTAL GROSS PROJECTED INCOME - $2,445,325 PER ANNUM (BUYERS TO DO THEIR OWN DUE DILIGENCE ON RENTAL RETURNS)

ADJOINING BUILDING HAS 3000 APPROXIMATELY CAR PARKS.

$1.3 BILLION IS BEING INVESTED IN PLANNED REDEVELOPMENT & REJUVENATION OF IPSWICH CITY CENTRE AND TO DEVELOP STATE OF THE ART MIXED USE DESTINATION. STAGE ONE "ICON" HAS ALREADY BEEN DEVELOPED AND 100% LEASED BY THE QLD GOVT

FOR FURTHER INFORMATION PLEASE FEEL FREE TO CALL EXCLUSIVE LISTING AGENT


Features

Property ID 17050015
Land Size 3334 Square Mtr approx.
Building Size 4862 Square Mtr approx.
Secure Parking

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