Bridgestone, 7001 Perseverance Street, Chuwar, Qld 4306

Burgess Rawson from CBRE is pleased to offer to the market Bridgestone, Chuwar (Ipswich) QLD for sale via upcoming Auction.

This opportunity has the following key investment highlights:

+ Ten (10) year head office lease to Bridgestone to September 2033.
+ Four (4) further Five (5) year options to September 2053.
+ Bridgestone: Australia’s largest tyre retailer with 340+ stores nationally, market cap of AUD $42.95 billion & wholly owned subsidiary of Tokyo listed Bridgestone Corporation. (1)
+ Annual fixed compounding 3% rent increases, ensuring income growth. 
+ Impressive 397sqm* freestanding tilt-panel warehouse/showroom constructed 2023, offering modern infrastructure and outstanding depreciation benefits. 
+ Strategic 4,427sqm* freehold landholding with valuable 40m* frontage and 15 on-title car parking spaces.
+ Seamless integration opposite national tenants McDonald’s & KFC, and the recently redeveloped $80 million Karalee Village Shopping Centre - a major neighbourhood shopping centre anchored by Woolworths and Coles supermarkets & supported by 38 specialty tenants with over 340 car spaces. (2) 
+ City of Ipswich: one of Australia’s fastest growing and most liveable cities, home to more than 259,000 people, supporting 78,931 jobs and with an economic output of $31.87 billion. (3)
+ Estimated Net Income: $83,991 pa* + GST.

To be sold via upcoming Auction.

Please contact the exclusively appointed sales team for more information.

* Approx
1 Bridgestone
2 Karalee Shopping Village
3 REMPlan