199-203 Bridge Street
Oakey, QLD 4401
Offers above $1.6 Million
0.71ha (1.75 acres)
Longstanding Tenant with National Dealer Network Returning $150,000pa!
Located less than 30 minutes West of the Toowoomba CBD, this 7,083m2 block with 3 street frontage has been tenanted by FieldQuip for the past 15 Years, a subsidiary of Multinational 'Alamo Group Inc' (NYSE: ALG) & offers a solid investment opportunity!
- Net Income = $150,000 per annum plus GST
- Fresh 3 year lease term
- Opportunity to value add with further structures
- Tenant pays 100% of outgoings
- 7,083m2* Allotment over 5 titles zoned ‘Medium Impact Industry’
- 1,527m2* Warehousing over 3 buildings, 2x3 Tonne gantry cranes, 3 phase power
- 178m2* of functional office featuring reception, individual offices, boardroom, lunchroom
& amenities with ducted air-conditioning throughout
- Close proximity to other key retail & business premises such as Black Toyota, Riverina
Stockfeeds, & NAB Bank
Oakey is ideally positioned less than 30 minutes’ drive from the Toowoomba CBD, 20 minutes from Brisbane West Wellcamp Airport and 10 minutes from the Charlton Wellcamp Industrial Precinct.
Accelerating Success. For more information or to arrange an inspection, please contact Mike Turley of Colliers International.
Property ID: 503304802Last Updated: 17 Oct 2019