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15 Railway Street Toowoomba City, QLD 4350

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15 Railway Street Toowoomba City, QLD 4350

Shop & Retail • Offices • Other
Sold Price

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Land area

405.0m²

Floor area

605.0m²

Parking info

Surrounding Street Parking

Zoning

Railway Parklands Priority Development Area

Tenure type

Tenanted Investment

Sold on

13 May 2019

Return

7.1% p.a.

Fantastic City fringe, 7.1% Net Yield - Tenanted Investment

  • 7.1% net yield investment in Toowoomba
  • Secure tenanted property on CBD fringe
  • New roof & air-con - all majors done!
Situated in a thriving area of Toowoomba’s premium café precinct and next to the famous Betros Bros, 15 Railway Street is a fantastic Art deco inspired investment opportunity.

Comprising of 605m2* split over two levels this property features:
- Ground Floor & section of first floor leased to popular café. The café has been in place since 2015 with the current lease expiring in 2021, with a 3 year option.
- Dance Studio occupies remainder of First Floor (for the last 20 years) with a 3 + 3 year lease
- Ground floor has disabled toilet with male and female amenities on the first floor
- Two street access from Railway Street and via Brown Lane.
- New roof and air-conditions have been installed within the last 18 months!

Located on the fringe of the Toowoomba CBD and only 500m from Grand Central Shopping Centre, 15 Railway Street is zoned within the Railway Parklands Priority Development Area.

This is fantastic opportunity to secure a tenanted investment within Toowoomba.

Property ID: 503084438Last Updated: 14 May 2019

0432 *** ***
15 Railway Street
Toowoomba City, QLD 4350

Agency contacts

DC Commercial

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DC Commercial

Toowoomba
TOOWOOMBA CITY, QLD 4350
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Send to:

Drew Camm
DC Commercial
15 Railway Street 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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