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55 Carrington Road, Toowoomba City, Qld 4350

55 Carrington Road, Toowoomba City, Qld 4350

Industrial/Warehouse Other

  • For Sale
  • Contact Agent
  • Auction

Trophy Freehold Toowoomba Investment Triple Net Lease to Regional Success Story

  • 5 year lease with 5 year option
  • Annual 3% increases
  • Net Income: $200,000 pa (May 2019)

  • Land Area
  • 0.41ha (1.02 acres) (approx)
  • Floor Area
  • 817 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Jul 16, 2019

Interested in this property? Contact an Agent today

Burgess Rawson - Melbourne

Level 7,140 Bourke Street

Melbourne Vic 3000

Shaun Venables
Burgess Rawson (QLD) - Brisbane

Level 24,324 Queen Street

Brisbane City Qld 4000

Craig Chapman

Trophy Freehold Toowoomba Investment Triple Net Lease to Regional Success Story

Brand new 5 year lease with 5 year option to 2029
Annual 3% increases assuring rental growth
High exposure corner site with 124 metre dual frontage
Leased to the Wideland group, a major truck and agricultural machinery dealership in multiple locations throughout QLD and NSW
Less than 5km’s to the new Toowoomba Wellcamp International Airport
Tenant pays all usual outgoings
Modern freestanding building and display yard on 4,138 sqm site
Low 16% site coverage
Toowoomba: Population of 166,000+ (ABS 2016) is benefiting from massive local infrastructure investment including new airport and rail/road links to Brisbane
Net Income: $200,000 pa (May 2019)

Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne

55 Carrington Road, Toowoomba City, Qld 4350

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