32 Cumner Road,
Torrington, QLD 4350
Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Development Sites & Land
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Burgess Rawson - Brisbane
Level 13, 241 Adelaide StreetBRISBANE CITY, QLD 4000
32 Cumner Road
Torrington, QLD 4350
Map of 32 Cumner Road
Substantial Industrial Investment Located in the Expanding Toowoomba Region
- 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: Australia's largest manufacturer of concrete pipes and precast products in Australia. It's extensive distribution network is Australia-wide, and controls 24 manufacturing facilities nationally.
+ 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: Australia's largest manufacturer of concrete pipes and precast products in Australia. It's extensive distribution network is Australia-wide, and controls 24 manufacturing facilities nationally.
+ 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: 1 Nov 2024
Burgess Rawson - BrisbaneLevel 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
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