546 Bridge Street,
Toowoomba City, QLD 4350
Key property information
to arrange a private inspection.
Map of 546 Bridge Street
Bus stops within 5 km of 546 Bridge Street, Toowoomba City, QLD 4350 Distance Lindberg St Near Wright St 865 m Wright St Near Kingsford Smith Dr (Hail N Ride) 921 m Truscott Street Near Paull St 960 m Truscott St Near Lindberg St (Hail N Ride) 980 m Wirraway Drive Near Catalina Dr 1 kmPOWERED BY HERE ©
New Generation Aldi anchored Shopping Centre - Opened for trading Jan 2020
- New Generation Aldi Anchored Convenience
- Opened for trading Jan 2020
- Well exposed highway location
Modest specialty rents and outgoings will allow for solid future income growth while the new Aldi anchor tenant underwrites some 40% of the base rental income.
Aldi is a major price discounter and the substantial savings offered by shopping in a new generation, large format Aldi supermarket will definitely appeal to the trade area's rural & regional middle income demographic. Bridge Street Plaza's Aldi is trading above expectations and the owners are very excited to have Aldi as an integral part of Bridge Street Plaza's rejuvenation and re-positioning.
Located on the western edge of Toowoomba, Bridge Street Plaza is exposed to 20,000* vehicles every day travelling along the Warrego Highway, leading to and from western Queensland towns, the oil/gas fields, and further onto Brisbane. The new Toowoomba second range crossing recently opened and this is feeding exponentially more vehicles into this residential corridor, pushing vehicles along Boundary Road and right to Bridge Street Plaza.
Some 30,000 residents are already housed within a 10 minute drive from Bridge Street Plaza and 1,500 new residential lots have also been approved in close proximity.
Toowoomba continues to experience a substantial employment and population boost with some $13 billion of infrastructure recently completed or scheduled for construction. Bridge Street Plaza is exceptionally well positioned in the growth hot spot of Toowoomba West, forecast to experience a growth rate of 131% between 2016 and 2031.
Asking Price $11.25 million.
For a copy of the IM or DD package, please contact Stephen Kidd.
Property ID: 503275578Last Updated: 25 Jun 2020