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55 Carrington Road Toowoomba City, QLD 4350

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For Sale - Auction

55 Carrington Road Toowoomba City, QLD 4350

Warehouse, Factory & Industrial • Other
Sale Price

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Land area

0.41ha (1.02 acres)

Floor area

817.0m²

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$200,000
Number of Tenants
1 Tenant
Tenants / Type
Wideland Group

Trophy Freehold Toowoomba Investment Triple Net Lease to Regional Success Story

  • 5 year lease with 5 year option
  • Annual 3% increases
  • Net Income: $200,000 pa (May 2019)
Brand new 5 year lease with 5 year option to 2029
Annual 3% increases assuring rental growth
High exposure corner site with 124 metre dual frontage
Leased to the Wideland group, a major truck and agricultural machinery dealership in multiple locations throughout QLD and NSW
Less than 5km’s to the new Toowoomba Wellcamp International Airport
Tenant pays all usual outgoings
Modern freestanding building and display yard on 4,138 sqm site
Low 16% site coverage
Toowoomba: Population of 166,000+ (ABS 2016) is benefiting from massive local infrastructure investment including new airport and rail/road links to Brisbane
Net Income: $200,000 pa (May 2019)

Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne

Property ID: 503169058Last Updated: 15 Jul 2019

55 Carrington Road
Toowoomba City, QLD 4350

Agency contacts

Burgess Rawson (QLD) - Brisbane

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Burgess Rawson (QLD) - Brisbane

Level 24,324 Queen Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Melbourne

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000
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Send to:

Craig Chapman
Burgess Rawson (QLD) - Brisbane
55 Carrington Road Toowoomba City, QLD 4350

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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