198-202 Margaret Street,
Toowoomba City, QLD 4350
Offices • Shops & Retail
Price information
Sold
$1,100,000
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of 198-202 Margaret Street
Prime Commercial Asset in Toowoomba CBD
Colliers is delighted to present 198-202 Margaret Street, Toowoomba City, to the sale market. This property is an exceptional investment opportunity located in the heart of Toowoomba's bustling Eat Street Precinct.
Positioned amid a dynamic mix of popular restaurants, retail outlets, and professional offices, this property benefits from significant foot traffic and excellent street exposure. The asset is fully leased under gross agreements, featuring two first-floor tenancies occupied by well-established financial services and two ground-floor tenancies leased to renowned dining establishments.
Key Features:
- 235m² of freehold land in the heart of the Toowoomba CBD
- Net Lettable Area (NLA): 354 m²
- Current Gross Rental Income: $147,000 per annum
- Fully Leased
- Future Potential: Two tenants in ongoing lease renewal negotiations
The property has been held by the owner for more than 20 years and following a recent bereavement, the vendor is motivated to expedite the sale.
Don't miss this opportunity to acquire a high-performing commercial property in a sought-after location.
Contact Clem Killen on 0457 511 9... today to express your interest and secure this asset.
Accelerating success.
Positioned amid a dynamic mix of popular restaurants, retail outlets, and professional offices, this property benefits from significant foot traffic and excellent street exposure. The asset is fully leased under gross agreements, featuring two first-floor tenancies occupied by well-established financial services and two ground-floor tenancies leased to renowned dining establishments.
Key Features:
- 235m² of freehold land in the heart of the Toowoomba CBD
- Net Lettable Area (NLA): 354 m²
- Current Gross Rental Income: $147,000 per annum
- Fully Leased
- Future Potential: Two tenants in ongoing lease renewal negotiations
The property has been held by the owner for more than 20 years and following a recent bereavement, the vendor is motivated to expedite the sale.
Don't miss this opportunity to acquire a high-performing commercial property in a sought-after location.
Contact Clem Killen on 0457 511 9... today to express your interest and secure this asset.
Accelerating success.
Property ID: 504732816Last Updated: 8 Nov 2024
198-202 Margaret Street
Toowoomba City, QLD 4350
Colliers - Toowoomba171 Hume Street
TOOWOOMBA CITY, QLD 4350
TOOWOOMBA CITY, QLD 4350
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