![]() Asset Class: | Retail |
![]() Price: | $ 3720000 |
![]() Net Yield: | 6.20 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: |
Rethink Investing is proud to present a rare opportunity to acquire a premium retail asset in the high-growth suburb of Bundamba. Located just 40 minutes from Brisbane’s CBD and under 45 minutes from Brisbane Airport, the property enjoys outstanding accessibility and visibility along the busy Brisbane Road.<br><br>The asset comprises a generous landholding of 1,912 sqm with a net lettable area of 763 sqm, featuring four tenancies: Professionals Ipswich, Carpet Court, and Dragon Garden Family Restaurant—each with a proven track record of occupancy ranging from 10 to over 30 years. An additional 155 sqm tenancy is currently vacant but will be covered by a 12-month rental guarantee upon settlement.<br><br>The property is well maintained and offers key features including air conditioning, on-site parking for tenants and customers, and high-exposure signage opportunities.<br><br>This investment presents a strong net income of $230,890 per annum with stable, long-term tenants—making it a compelling addition to any portfolio.
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Bundamba is a rapidly growing suburb located in the Ipswich region of Queensland, Australia. Known for its rich history and close-knit community, Bundamba has seen significant development and population growth in recent years, making it an attractive area for both residents and businesses. The suburb offers a blend of residential, commercial, and industrial zones, contributing to its diverse economic landscape.<br><br>The growth in Bundamba can be attributed to several factors, including its strategic location near major transport routes, affordable property prices, and proximity to Brisbane's CBD, which is just a 40-minute drive away. This accessibility has attracted a variety of industries to the area, fostering economic diversity and stability. Key industries operating in Bundamba include manufacturing, retail, and services. The suburb is home to several large industrial estates and business parks, which accommodate a range of manufacturing and logistics companies.<br><br>Retail is another prominent sector in Bundamba, with a variety of shops, restaurants, and services catering to the needs of the local community. The presence of well-established retail outlets and shopping centres contributes to the suburb's appeal as a convenient place to live and work.<br>The education sector also plays a vital role in Bundamba's growth, with several schools and training institutions located in the area. These educational facilities not only serve the local population but also attract students from surrounding regions, further boosting the suburb's development.
Additional Location Information File<span style="color:rgb(0, 0, 0);"><u>Dragon Garden Family Restaurant</u></span><span style="color:rgb(0, 0, 0);">: -</span><br><span style="color:rgb(0, 0, 0);"> </span><br><span style="color:rgb(0, 0, 0);">Dragon Garden Family Restaurant is a Chinese restaurant that has been operating onsite for over 30 years.</span><br><span style="color:rgb(0, 0, 0);"> </span><br><span style="color:rgb(0, 0, 0);"><u>Ipswich Carpet Court</u></span><span style="color:rgb(0, 0, 0);">: </span><a style="color:rgb(5, 99, 193);display:inline;" target="_blank" href="https://www.carpetcourt.com.au/stores/qld/bundamba?utm_source=google&utm_medium=organic&utm_campaign=Google%20My%20Business%20Page"><u>https://www.carpetcourt.com.au/stores/qld/bundamba?utm_source=google&utm_medium=organic&utm_campaign=Google%20My%20Business%20Page</u></a><span style="color:rgb(0, 0, 0);"></span><br><span style="color:rgb(0, 0, 0);"> </span><br><span style="color:rgb(0, 0, 0);">Ipswich Carpet Court offers a range of flooring solutions, including vinyl, laminate, hybrid and timber options, as well as a variety of carpets and window treatments. In addition, Ipswich Carpet Court operates in neighbouring suburbs such as Mount Crosby, Booval, Yamanto, North Tivoli and Browns Plains due to its strategic location.</span><br><span style="color:rgb(0, 0, 0);"> </span><br><span style="color:rgb(0, 0, 0);"><u>Professionals Ipswich</u></span><span style="color:rgb(0, 0, 0);">: </span><a style="color:rgb(5, 99, 193);display:inline;" target="_blank" href="https://www.professionalsipswich.com.au/"><u>https://www.professionalsipswich.com.au</u></a><span style="color:rgb(0, 0, 0);"></span><br><span style="color:rgb(0, 0, 0);"> </span><br><span style="color:rgb(0, 0, 0);">Professionals Ipswich is a real estate agency and they have been operating onsite for over 10 years.</span><br>
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Security Info:
Shop 1A - 90 sqm - $350/sqm Shop 1B - 155 sqm - $350/sqm Shop 2 - 248 sqm - $330/sqm Shop 3 - 270 sqm - $290/sqm 3/56 Cascade St Raceview - 93 sqm - $408.60/sqm 8/28 Mitchell Street Riverview - 57 sqm - $289/sqm (Gross)
Offer To Purchase:
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Initial Deposit:
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Due Diligence:
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Retail asset</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Position on busy Brisbane Road</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Stand out signage options</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Land area – 1,912 square meters</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Net lettable area - 763 square meters</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">4 tenancies </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Long term tenants (10-30 years onsite)</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">1 vacancy - 1 year rental guarantee</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">On-site car spaces </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Net income - $230,890</span></p></li></ul>