Officeworks 2247 Ipswich Road, Oxley, Qld 4075

Stonebridge is pleased to present ‘Officeworks Oxley (Brisbane)’ for sale via Immediate Offers to Purchase.

The asset has the following key investment features:

   -  Renewed 7 year lease to 2031 plus options to 2051 with favourable CPI annual rent increases up to 4% (min 2%)

   -  Officeworks Ltd – Wholly owned subsidiary of ASX Listed Wesfarmers Ltd with revenues of $44.2Bn across 171+ stores nationally

   -  Large 2,873 sqm* site improved by immaculate and well maintained concrete tilt panel building with prominent signage and 35 car parks

   -  Longstanding and purpose built Officeworks outlet onsite for 20+ years

   -  Strategic position within strong retail & commercial precinct, adjacent First Choice Liquor and diagonally opposite Amart & Bunnings $60m superstore redevelopment

   -  Prominent exposure to Ipswich Motorway, accommodating 82,561+ vehicles daily and providing direct access to Brisbane CBD

   -  High quality build completed by reputable and market leading construction company, Hutchinson Builders

   -  Ideal location near national retailers, Bunnings, The Good Guys, JB Hi-Fi, National Storage, Harvey Norman, Eureka Furniture, Supercheap Auto, Petstock & McDonalds

   -  Oxley – Established Brisbane metro suburb 10 km* from CBD and a major retail, commercial and industrial hub

   -  Brisbane – Booming capital city and economic engine of the $409 Billion* Queensland economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents

   -  Net Income $511,634 pa* + GST

*Approximately

‘Officeworks Oxley (Brisbane)’ is for sale via Immediate Offers to Purchase.

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

Property Code: 1147