Added today
32 Cumner Road,
Torrington, QLD 4350
Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Development Sites & Land
Added today
Price information
Sale - Auction Thu 31 Oct
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$150,375
Number of Tenants
1 Tenant
Tenants / Type
Civilmart
Auction
Private inspections
to arrange a private inspection.
Burgess Rawson - Brisbane
Level 13, 241 Adelaide StreetBRISBANE CITY, QLD 4000
32 Cumner Road
Torrington, QLD 4350
Map of 32 Cumner Road
Bus stops within 5 km of 32 Cumner Road, Torrington, QLD 4350 Distance Lindberg St Near Wright St 1.7 km Truscott Street Near Paull St 1.7 km Wright St Near Kingsford Smith Dr 1.8 km Truscott St Near Lindberg St 1.8 km Paull St at Ansett Court 1.8 km POWERED BY HERE ©
POWERED BY HERE ©
Substantial Industrial Investment Located in the Expanding Toowoomba Gateway
- Substantial 1.938ha* site
- Medium Impact Zone & B-Double access
- 10 year lease to 2032 + options
Burgess Rawson are pleased to offer to the market 32 Cumner Road, Torrington (Toowoomba) QLD for sale via Portfolio Auction 172.
The property has the following investment highlights:
+ Ten (10) year lease through to 2032
+ Six (6) further Five (5) year options to 2062
+ Civilmart Group: second largest manufacturer of concrete pipes and precast products in Australia, backed by private equity firm CPE Capital. Its extensive distribution network is Australia-wide, and it controls 17 manufacturing facilities across QLD, NSW, VIC, and SA
+ Fixed 3% annual rent increases, assuring growth
+ 100% of outgoings recoverable from tenant as per lease
+ Substantial 1.938 hectare* landholding with favourable ‘Medium Impact Industry’ zoning & B-double access
+ As new 788sqm* high-clearance industrial shed with 390sqm* of adjoining improvements sitting atop approximately 8,000sqm* of concrete & gravel hardstand
+ Strategically located in Toowoomba’s thriving Torrington industrial precinct with convenient access to major transportation routes & arterial roadways including the Warrego Highway & the Toowoomba Bypass
+ Toowoomba Region: the western gateway to the $280 billion south east Queensland economy, with population forecast to exceed 204,000 people by 2041
+ QLD’s 6th largest region by population, the Toowoomba Region generates $11.63 billion in Gross Regional Product (GRP) with an estimated 90,183 jobs in the area
+ Net Income: $150,375 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 31 October 2024
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
The property has the following investment highlights:
+ Ten (10) year lease through to 2032
+ Six (6) further Five (5) year options to 2062
+ Civilmart Group: second largest manufacturer of concrete pipes and precast products in Australia, backed by private equity firm CPE Capital. Its extensive distribution network is Australia-wide, and it controls 17 manufacturing facilities across QLD, NSW, VIC, and SA
+ Fixed 3% annual rent increases, assuring growth
+ 100% of outgoings recoverable from tenant as per lease
+ Substantial 1.938 hectare* landholding with favourable ‘Medium Impact Industry’ zoning & B-double access
+ As new 788sqm* high-clearance industrial shed with 390sqm* of adjoining improvements sitting atop approximately 8,000sqm* of concrete & gravel hardstand
+ Strategically located in Toowoomba’s thriving Torrington industrial precinct with convenient access to major transportation routes & arterial roadways including the Warrego Highway & the Toowoomba Bypass
+ Toowoomba Region: the western gateway to the $280 billion south east Queensland economy, with population forecast to exceed 204,000 people by 2041
+ QLD’s 6th largest region by population, the Toowoomba Region generates $11.63 billion in Gross Regional Product (GRP) with an estimated 90,183 jobs in the area
+ Net Income: $150,375 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 31 October 2024
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Property ID: 504703164Last Updated: 2 Oct 2024
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BRISBANE CITY, QLD 4000
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