Take advantage of the opportunity to acquire a key commercial property at 27-33 Herbert Street in Ingham. This prime location is fully leased to three tenants, all of whom are long-standing occupants.
Situated on the northern side of Ingham, the property enjoys dual street frontages on both Herbert and Haig Streets, which enhances its accessibility and visibility. The building is set on a spacious 2198sqm allotment within the center of Ingham, offering extensive street exposure.
The property currently brings in an annual combined lease income of approx. $46,500 from its existing tenants, and there is significant potential to increase this income through targeted improvements, making it a highly attractive investment option.
For more information on outgoings, lease details, or to schedule a visit, please contact our agents today.
This property represents an excellent investment opportunity, being fully occupied by long-term tenants.
The size of Ingham is approximately 40.6 square kilometres. It has 21 parks covering nearly 3.6% of total area. The population of Ingham in 2016 was 4426 people. By 2021 the population was 4455 showing a population growth of 0.7% in the area during that time. The predominant age group in Ingham is 60-69 years. Households in Ingham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ingham work in a trades occupation.In 2021, 61.40% of the homes in Ingham were owner-occupied compared with 64.70% in 2016.
Ingham has 2,783 properties. Over the last 5 years, Houses in Ingham have seen a 150.92% increase in median value, while Units have seen a 55.58% increase. As at 31 March 2026:
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