Added 2 days ago
VIVA Energy, 281 Margaret Street,
Toowoomba City, QLD 4350
Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail
Added 2 days ago
Price information
Sale - Auction Thu 31 Oct
Contact Agent
Key property information
Land area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$228,019
Number of Tenants
1 Tenant
Tenants / Type
VIVA Energy
Auction
Private inspections
to arrange a private inspection.
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
VIVA Energy, 281 Margaret Street
Toowoomba City, QLD 4350
Map of VIVA Energy, 281 Margaret Street
Train stations within 5 km of VIVA Energy, 281 Margaret Street, Toowoomba City, QLD 4350 Distance Toowoomba 420 m POWERED BY HERE ©Bus stops within 5 km of VIVA Energy, 281 Margaret Street, Toowoomba City, QLD 4350 Distance Victoria Street at Margaret Street 72 m Margaret St at Margaret Street Service Station 83 m Margaret St at Market Plaza 192 m Victoria Street at Little Street 249 m Mort St at Toowoomba North State School 340 m POWERED BY HERE ©
POWERED BY HERE ©
Toowoomba's Best Landbank Opportunity Opposites Grand Central Shopping Centre
- Rare Triple Net Lease to Viva Energy
- Prized Toowoomba CBD Position
- Tenant pays outgoings incl Land Tax
Burgess Rawson is pleased to offer to market ‘Viva Energy’ located at 281 Margaret Street (corner Mylne Street), Toowoomba QLD for sale via Auction Investment Portfolio 172.
The property has the following key investment highlights:
+ Prominent 2,851sqm corner site with 130 metre combined frontage
+ Highly desirable ‘Principal Centre’ zoned freehold site across eight separate titles, allowing for future value-add, upside or development potential (6 storeys) – STCA
+ Impressive convenience retail centre with six (6) undercover fuel bowers plus drive-thru tunnel car wash
+ Strategic location opposite the significant Grand Central Shopping Centre attracting over 10 million visitors annually, anchored by Myer, Woolworths, Coles, Kmart Big W and world leading brand H&M****
+ Twelve (12) year Triple Net lease to 2028 plus seven (7) further ten (10) year options to 2098.
+ Rare, landlord-favourable, triple net lease terms with tenant responsible for rates, building insurance, public liability insurance and land tax.
+ Tenant also responsible for all structural maintenance, repairs and replacement (including fuel tanks and equipment) plus site remediation.
+ Viva Energy Limited (ASX: VEA): Blue-chip $4.51billion ASX200 company & Shell’s Australian licensee
+ With over 1,500 retail sites nationwide, Viva Energy has completed acquisitions of Coles Express, and the South Australia-based OTR group, aiming to transform it into Australia’s leading convenience and mobility retailer.**
+ Guaranteed rental growth with annual fixed 3% rent increases during the lease term.
+ Toowoomba City: booming location with 43,605 residents and 25,958 motor vehicles within a 3km* radius, Surrounded by important social infrastructure, including 27 schools within 3km* servicing 16,393 full time students.****
+ Toowoomba Region: the western gateway to the $237 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 $14.76 billion in Gross Regional Product (GRP) with an estimated 93,206 jobs in the area******
+ The Toowoomba Region is nestled within Southern Queensland Country, a booming tourism destination that welcomed more than 2.7 million domestic visitors in the year ending June 2023. The visitors contributed an impressive $978.8 million in expenditures*******
+ Toowoomba City: a booming growth suburb where median house prices have surged by 36%* in the past 24 months********
+ Net Income: $228,019 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 31 October 2024
The Hilton, Brisbane
**Viva Energy
***Gapmaps
****Grand Central Chopping Centre
***** Toowoomba GOV
****** Forecast.id
*******Tourism & Events Queensland
********realestate.com.au
The property has the following key investment highlights:
+ Prominent 2,851sqm corner site with 130 metre combined frontage
+ Highly desirable ‘Principal Centre’ zoned freehold site across eight separate titles, allowing for future value-add, upside or development potential (6 storeys) – STCA
+ Impressive convenience retail centre with six (6) undercover fuel bowers plus drive-thru tunnel car wash
+ Strategic location opposite the significant Grand Central Shopping Centre attracting over 10 million visitors annually, anchored by Myer, Woolworths, Coles, Kmart Big W and world leading brand H&M****
+ Twelve (12) year Triple Net lease to 2028 plus seven (7) further ten (10) year options to 2098.
+ Rare, landlord-favourable, triple net lease terms with tenant responsible for rates, building insurance, public liability insurance and land tax.
+ Tenant also responsible for all structural maintenance, repairs and replacement (including fuel tanks and equipment) plus site remediation.
+ Viva Energy Limited (ASX: VEA): Blue-chip $4.51billion ASX200 company & Shell’s Australian licensee
+ With over 1,500 retail sites nationwide, Viva Energy has completed acquisitions of Coles Express, and the South Australia-based OTR group, aiming to transform it into Australia’s leading convenience and mobility retailer.**
+ Guaranteed rental growth with annual fixed 3% rent increases during the lease term.
+ Toowoomba City: booming location with 43,605 residents and 25,958 motor vehicles within a 3km* radius, Surrounded by important social infrastructure, including 27 schools within 3km* servicing 16,393 full time students.****
+ Toowoomba Region: the western gateway to the $237 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 $14.76 billion in Gross Regional Product (GRP) with an estimated 93,206 jobs in the area******
+ The Toowoomba Region is nestled within Southern Queensland Country, a booming tourism destination that welcomed more than 2.7 million domestic visitors in the year ending June 2023. The visitors contributed an impressive $978.8 million in expenditures*******
+ Toowoomba City: a booming growth suburb where median house prices have surged by 36%* in the past 24 months********
+ Net Income: $228,019 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 31 October 2024
The Hilton, Brisbane
**Viva Energy
***Gapmaps
****Grand Central Chopping Centre
***** Toowoomba GOV
****** Forecast.id
*******Tourism & Events Queensland
********realestate.com.au
Property ID: 504701444Last Updated: 2 Oct 2024
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