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221 Brisbane Street 6,878 SF Office Building Ipswich, QLD 4305 $2,161,350 ($314.23/SF) 6.90% Cap Rate



Investment Highlights
- Triple-storey commercial building with 638.9 m² of gross floor area on a 526 m² land parcel in Ipswich CBD
- Secure 5 + 5-year lease to Carbon Accounting Group, delivering strong annual income and long-term stability
- Exclusive undercover parking for 12 vehicles, offering convenience and added value in a central location
Executive Summary
This triple-storey commercial space offers a secure investment opportunity in the heart of Ipswich’s Central Business District. Fully leased to Carbon Accounting Group, an award-winning national tenant, the asset delivers an estimated net income of approximately $207,123.72 per annum plus GST and outgoings. The tenancy is under a 5 + 5-year lease term, providing long-term income stability.
The property spans a gross floor area of 638.9 m² and sits on a 526 m² land parcel, complemented by exclusive undercover parking for 12 vehicles. Located within a tightly held precinct characterized by low vacancy rates, the site benefits from Principal Centre zoning under the Ipswich City Plan 2025. Surrounding amenities include the Nicholas Street Commercial Precinct, Ipswich Train Station, and Ipswich Hospital, ensuring strong connectivity and convenience.
Positioned in South East Queensland’s fastest-growing Western corridor, this investment is supported by robust economic fundamentals and ongoing infrastructure development. The property is offered as a going concern, making it an attractive proposition for investors seeking a stable, income-generating asset in a high-demand location.
The property spans a gross floor area of 638.9 m² and sits on a 526 m² land parcel, complemented by exclusive undercover parking for 12 vehicles. Located within a tightly held precinct characterized by low vacancy rates, the site benefits from Principal Centre zoning under the Ipswich City Plan 2025. Surrounding amenities include the Nicholas Street Commercial Precinct, Ipswich Train Station, and Ipswich Hospital, ensuring strong connectivity and convenience.
Positioned in South East Queensland’s fastest-growing Western corridor, this investment is supported by robust economic fundamentals and ongoing infrastructure development. The property is offered as a going concern, making it an attractive proposition for investors seeking a stable, income-generating asset in a high-demand location.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
6,878 SF
Building Class
C
Price
$2,161,350
Price Per SF
$314.23
Cap Rate
6.90%
NOI
$149,222
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
2,293 SF
Building FAR
1.21
Lot Size
0.13 AC
Parking
12 Spaces (1.75 Spaces per 1,000 SF Leased)
Amenities
- Fully Carpeted
- Plug & Play
- Recessed Lighting
- Drop Ceiling
- Wi-Fi
- Air Conditioning
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221 Brisbane Street
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