1319 Ipswich Road 3,014 SF 100% Leased Retail Building Rocklea, QLD 4106 $1,784,500 ($592.09/SF) 5.60% Cap Rate

This tenanted retail investment offers a rare opportunity to secure a fully leased property in one of Brisbane’s busiest industrial and commercial corridors. Positioned on the corner of Ipswich Road and Medway Street, the property comprises five retail shops occupied by four long-term tenants, all under lease agreements with bonds in place. The site benefits from rear off-street parking and a land area of approximately 407 m², providing convenience for both tenants and customers.
The property generates an approximate net income of $140,000 per annum, delivering immediate cash flow for investors. Importantly, the asset remained unaffected during the 2011 and 2022 Brisbane floods, adding to its long-term security. Zoned In2 General Industry B, the property sits within a high-traffic location with excellent exposure to Ipswich Road, a major arterial route connecting Brisbane’s inner south to the Ipswich Motorway.
Surrounding amenities include established retail, industrial businesses, and strong transport connectivity, with Rocklea Train Station just 370 meters away and multiple bus stops within walking distance. This is an outstanding opportunity for investors seeking a stable, income-producing asset in a growth corridor with enduring demand for retail services.