548 Ipswich RoadAnnerley QLD 4103
Property Details for 548 Ipswich Rd, Annerley
Last Listing description (November 2020)
548 Ipswich Road is an exceptionally well appointed single level retail / medical centre, positioned on an outbound prominent corner of Ipswich Road, just 5km from the Brisbane CBD. The building offers 668sqm* of well-presented retail accommodation, 100% leased with 72% of the income derived from medical tenants with tenure dating back over 20 years.
Key Investment Highlights:
- 6.6 year WALE* (as at 24 July 2014);
- Established tenants with extremely long trading history;
- Net income $355,073* (72% medically based);
- Site area 2,307sqm*;
- MP3 zoning with significant development upside;
- Corner site on Ipswich Rd (one of Brisbane's busiest arterial roads).
Very rarely in the current market does a property with the fundamentals of 548 Ipswich Road be offered for sale. The following attributes of this unique investment opportunity include;
- Fully Leased;
- Outbound Exposure on major arterial road;
- Extremely long trading history of tenants;
- Development Upside; and
- Strong Holding/ Passive Income.
For Sale via Public Auction
at the The Junction at Annerley
Thursday 24, July 2014 at 11.00am
Do not miss out on this outstanding investment opportunity and contact the Exclusive agents at CBRE for further information.
*approximate
Property History for 548 Ipswich Rd, Annerley, QLD 4103
- 23 Jul 2014Sold for $5,260,000
- 24 Jun 2014Listed for Sale Contact Agent
- 23 Feb 2011Listed for Rent $52,000 / year
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About Annerley 4103
The size of Annerley is approximately 2.8 square kilometres. It has 11 parks covering nearly 4.1% of total area. The population of Annerley in 2016 was 11336 people. By 2021 the population was 11891 showing a population growth of 4.9% in the area during that time. The predominant age group in Annerley is 20-29 years. Households in Annerley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Annerley work in a professional occupation.In 2021, 44.00% of the homes in Annerley were owner-occupied compared with 42.90% in 2016.
Annerley has 6,437 properties. Over the last 5 years, Houses in Annerley have seen a 77.06% increase in median value, while Units have seen a 112.19% increase. As at 30 November 2025:
- The median value for Houses in Annerley is $1,346,935 while the median value for Units is $785,819.
- Houses have a median rent of $650 while Units have a median rent of $575.
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