ASX Listed Metcash Investment | Proven Store in Brisbane's Booming West

Description

***Business not for sale***

Burgess Rawson is pleased to offer to the market, Total Tools, North Ipswich QLD for sale via Private Treaty

The property has the following investment highlights:

+ Renewed 5 year lease to July 2026 plus options to 2036
+ Total Tools: national network of 94 stores established over 30 years, majority owned by ASX listed Metcash
+ Metcash (ASX: MTS): Australia’s leading wholesale distribution and marketing company with current $3.8 billion market cap
+ Fixed 3.5% annual rent increases
+ Modern 1,186sqm* building incorporating showroom and front RSD access
+ Prime 1,356sqm* freehold site in key large format retail precinct
+ Riverlink Shopping Centre (150 retailers), Bridgestone, Goodyear, Highgrove Bathrooms and Reece all within 150 metres*
+ Ipswich: booming city 28km* from Brisbane CBD, with a projected population growth of 122% to 520,000 by 2041
+ Net Income: $204,849 pa* + GST

For Sale by Private Treaty

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx.

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Contact agents
Craig Chapman Sales Executive
0427 110 132
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North Ipswich, QLD

7 Lowry Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 157

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