Stonebridge is pleased to present ‘Officeworks Oxley (Brisbane)’ for sale via Expressions of Interest closing Thursday, 27 February at 3pm (AEDT).

The asset has the following key investment features:

• Renewed 7 year lease to 2031 plus options to 2051 with favourable CPI annual rent increases up to 4% (min 2%)
• Officeworks Ltd – Wholly owned subsidiary of ASX Listed Wesfarmers Ltd with revenues of $44.2Bn across 171+ stores nationally
• Large 2,873 sqm* site improved by immaculate and well maintained concrete tilt panel building with prominent signage and 36 car parks
• Longstanding and purpose built Officeworks outlet onsite for 20+ years
• Strategic position within strong retail & commercial precinct, adjacent First Choice Liquor and diagonally opposite Amart & Bunnings $60m superstore redevelopment
• Prominent exposure to Ipswich Motorway, accommodating 82,561+ vehicles daily and providing direct access to Brisbane CBD
• Ideal location near national retailers The Good Guys, JB Hi-Fi, National Storage, Harvey Norman, Eureka Furniture, Supercheap Auto, Petstock & McDonalds
• Oxley – Established Brisbane metro suburb 10 km* from CBD and a major retail, commercial and industrial hub
• Brisbane – Booming capital city and economic engine of the $409 Billion* Queensland economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents
• Net Income $514,398 pa* + GST

*Approximately

‘Officeworks Oxley (Brisbane)’ is for sale via Expressions of Interest closing on Thursday, 27 February at 3pm (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for more information.