23-25 Carr St
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23-25 Carr St
5,869 SF Retail Building Ipswich IP4 1HA $1,309,988 ($223/SF) 8.07% Cap Rate
Investment Highlights
- Convenient Ipswich town centre location
- Secured to a long term tenant
- High footfall, pedestrianised area
Executive Summary
The property forms part of a parade that was reconfigured and substantially reconstructed in early 2000 to create 11 individual retail units of varying sizes fronting Carr Street. The unit is arranged over ground and first floor levels, with a prime shop frontage to Carr Street and benefitting from a full glazed frontage and canopy. There are 113 car parking spaces nearby, accessed via a ramp from Great Coleman Street.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
5,869 SF
Building Class
B
Year Built
2000
Price
$1,309,988
Price Per SF
$223
Cap Rate
8.07%
NOI
$105,694
Tenancy
Single
Building Height
2 Stories
Amenities
- Bus Line
- Commuter Rail
- Security System
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23-25 Carr St
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