969-979 Ipswich Road, Moorooka, Qld 4105

• Offered as a complete holding for the first time
• 3,260m²* of land across five freehold titles on Brisbane's "Magic Mile"
• 3,043m²* lettable area across multiple tenancies
• Current income of $590,391 p.a. + GST
• Approximately 95% of income from national or ASX-listed tenants
• WALE of 4.6 years

NAI Harcourts is proud to present 969-979 Ipswich Road, Moorooka, offered to the market as a complete holding for the first time.

This is a consolidated, high-exposure automotive and commercial landholding on Brisbane's "Magic Mile", the city's best-known automotive corridor. The site spans a total land area of 3,260m²* across five separate freehold titles. It offers long-term portfolio balance, strategic flexibility and well-protected income, and opportunities of this scale and position seldom come up as a single package on this strip.

The property has multiple secure tenancies across 3,043m²* of lettable area and currently earns $590,391 per annum + GST, with outgoings recovered under established lease structures. Approximately 95% of the income comes from national or ASX backed tenants, with a weighted average lease expiry (WALE) of 4.6 years. That gives an incoming owner a strong, low-risk income stream with dependable tenant covenants.

The site has approximately 90 metres of uninterrupted frontage to Ipswich Road, one of Brisbane's busiest arterial routes. A double-sided electronic signboard adds to that exposure, giving tenants strong brand visibility. It also gives the owner an additional value lever, through signage income or advertising arrangements.

Beyond the current income, the size of the holding, its five titles and its location make it a compelling medium-to-long-term development opportunity, subject to council approval. Buyers could hold the site for its secure cash flow while planning a future redevelopment, reposition parts of it over time, or keep it intact as a landmark corridor asset.