» »
New Generation Aldi anchored Shopping Centre - Opened for...

546 Bridge Street, TORRINGTON QLD, 4350

For Sale

Property for Sale in 546 Bridge Street, TORRINGTON QLD, 4350

Ray White Commercial Qld

Level 26, 111 Eagle Street (GPO Box 2433), Brisbane, QLD 4001

Listing ID:
Expressions of Interest
Last Updated:
Icon building

Property Type

Icon square

Land Area

8094 SQM
Icon size

Floor Area

2497 SQM
Icon parking



New Generation Aldi anchored Shopping Centre - Opened for trading Jan 2020

Ray White Commercial (Qld) is proud to have been appointed to sell one of Queensland's superior convenience retail offerings for 2020 - Bridge Street Plaza. This is arguably a never-to-be repeated Aldi anchored convenience centre. Located in the booming western growth corridor of Toowoomba (170,000 residents), Aldi's superior trading performance will be backed by a solid non-discretionary offering of seven food and services orientated specialty stores and a small kiosk.

Modest specialty rents and outgoings will allow for solid future income growth while the new Aldi anchor tenant underwrites some 40% of the base rental income.

Aldi is a major price discounter and the substantial savings offered by shopping in a new generation, large format Aldi supermarket will definitely appeal to the trade area's rural & regional middle income demographic. Bridge Street Plaza's Aldi is trading above expectations and the owners are very excited to have Aldi as an integral part of Bridge Street Plaza's rejuvenation and re-positioning.

Located on the western edge of Toowoomba, Bridge Street Plaza is exposed to 20,000* vehicles every day travelling along the Warrego Highway, leading to and from western Queensland towns, the oil/gas fields, and further onto Brisbane. The new Toowoomba second range crossing recently opened and this is feeding exponentially more vehicles into this residential corridor, pushing vehicles along Boundary Road and right to Bridge Street Plaza.

Some 30,000 residents are already housed within a 10 minute drive from Bridge Street Plaza and 1,500 new residential lots have also been approved in close proximity.

Toowoomba continues to experience a substantial employment and population boost with some $13 billion of infrastructure recently completed or scheduled for construction. Bridge Street Plaza is exceptionally well positioned in the growth hot spot of Toowoomba West, forecast to experience a growth rate of 131% between 2016 and 2031.

Fully leased net income $660,000 approx.

The property is being sold via Expressions of Interest closing Friday May 8.

For a copy of the IM or DD package, please contact Stephen Kidd.


For more details, please email agent

Ray White Commercial Qld

Level 26, 111 Eagle Street (GPO Box 2433), Brisbane, QLD 4001

More properties from Ray White Commercial Qld
6/110 Kortum Drive, BURLEIGH HEADS QLD, 4220

6/110 Kortum Driv...

RetailShowrooms/Bulky Goods
For Lease
2/14 Cox Road, WINDSOR QLD, 4030

2/14 Cox Road, WI...

For Lease
557 Gregory Terrace, FORTITUDE VALLEY QLD, 4006

557 Gregory Terra...

59 Fairfield Road, FAIRFIELD QLD, 4103

59 Fairfield Road...

For Lease
61 Ipswich Road, WOOLLOONGABBA QLD, 4102

61 Ipswich Road, ...

13/205 Montague Road, WEST END QLD, 4101

13/205 Montague R...

More properties from Torrington
For Lease
11 Molloy Street - Unit 2, TORRINGTON QLD, 4350

11 Molloy Street ...

For Lease
19 Carrington Road - Tenancy 2, TORRINGTON QLD, 4350

19 Carrington Roa...

For Lease
54 Carrington Road, TORRINGTON QLD, 4350

54 Carrington Roa...

For Lease
2/14 Molloy Street, TORRINGTON QLD, 4350

2/14 Molloy Stree...

Industrial/WarehouseShowrooms/Bulky Goods
For Lease
7-11 Kimberley Court, TORRINGTON QLD, 4350

7-11 Kimberley Co...

For Lease
6 Holt Drive, TORRINGTON QLD, 4350

6 Holt Drive, TOR...

Industrial/WarehouseShowrooms/Bulky Goods