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Longstanding Tenant with National Dealer Network Returnin...

199-203 Bridge Street, OAKEY QLD, 4401

Sold

Property Sold in 199-203 Bridge Street, OAKEY QLD, 4401

Colliers International Toowoomba

126 Margaret St, Toowoomba City, QLD 4350

Listing ID:
11359028
Status:
Sold
Price:
Offers above $1.6 Million
Last Updated:
17/01/2020
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Property Type

Industrial/Warehouse
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Land Area

7083 SQM
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Floor Area

1705 SQM
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Parking

N/A

Longstanding Tenant with National Dealer Network Returning $150,000pa!

Colliers International Toowoomba are pleased to present 199-203 Bridge Street, Oakey to the market via Expressions of Interest, closing Thursday 26 September 2019 at 4pm.

Located less than 30 minutes West of the Toowoomba CBD, this 7,083m2 block with 3 street frontage has been tenanted by FieldQuip for the past 15 Years, a subsidiary of Multinational 'Alamo Group Inc' (NYSE: ALG) & offers a solid investment opportunity!

OVERVIEW:
- Net Income = $150,000 per annum plus GST
- Fresh 3 year lease term
- Opportunity to value add with further structures
- Tenant pays 100% of outgoings
- 7,083m2* Allotment over 5 titles zoned ‘Medium Impact Industry’
- 1,527m2* Warehousing over 3 buildings, 2x3 Tonne gantry cranes, 3 phase power
- 178m2* of functional office featuring reception, individual offices, boardroom, lunchroom
& amenities with ducted air-conditioning throughout
- Close proximity to other key retail & business premises such as Black Toyota, Riverina
Stockfeeds, & NAB Bank

LOCATION:
Oakey is ideally positioned less than 30 minutes’ drive from the Toowoomba CBD, 20 minutes from Brisbane West Wellcamp Airport and 10 minutes from the Charlton Wellcamp Industrial Precinct.

Accelerating Success. For more information or to arrange an inspection, please contact Mike Turley of Colliers International.

* approx

For more details, please email agent


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Colliers International Toowoomba

126 Margaret St, Toowoomba City, QLD 4350


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