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Property Investment - Freestanding Toowoomba Supermarket

102 Hill Street, NEWTOWN QLD, 4350

Sold

Property Sold in 102 Hill Street, NEWTOWN QLD, 4350

Ray White Commercial Toowoomba

145 Herries Street, Toowoomba, QLD 4350

Listing ID:
11340695
Status:
Sold
Price:
$2,600,000.00
Last Updated:
12/08/2019
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Property Type

Retail/Showrooms/Bulky Goods/Offices
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Land Area

4025 SQM
Icon size

Floor Area

930 SQM
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Parking

N/A

Property Investment - Freestanding Toowoomba Supermarket

- A strong performing 755sqm* freestanding supermarket located on the western outskirts of Toowoomba's CBD, Newtown
- Efficiently designed supermarket with excellent convenience for customers with over 45 on grade car parks on a site of over 4,025sqm
- 10 year lease to Bansal Group, operating 19 IGA stores throughout Qld and WA.
- Situated on the main road between 2 High Schools and 1 primary school with another high school within the catchment area.
- The IGA alone is paying an annual income of $181,534* + GST with annual CPI rental increases.
- The front or Northern facing tenancies offers great value-add and additional income including a new 4 year lease to Elite Chryotherapy.

*Approx.

For more details, please email agent


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Ray White Commercial Toowoomba

145 Herries Street, Toowoomba, QLD 4350


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