24-26 Water Street,
Toowoomba City, QLD 4350

Colliers Toowoomba is proud to present 24-26 Water Street, Toowoomba City for sale.

Positioned on the southern fringe of the Toowoomba CBD, this quality freehold investment is under pinned by Complete Body Health and Fitness, a market-leading health and wellness operator founded by an experienced team with over two decades in the industry. The business has created the city's first integrated “Wellness Hub,” combining training, physiotherapy, Pilates and recovery services in one facility.

This rare mixed-use investment presents an outstanding opportunity to secure a quality property on the fringe of the Toowoomba CBD with strong tenant income while also offering long-term upside of future development potential up to 4 storeys**, a significant opportunity to unlock this asset's full value over time.

Featuring:
- Annual net income of $127,308* + GST
- Leased until 2030 with options until 2035
- Outgoings are 100% payable by the tenant
- Fixed annual rental increases of 3%
- 470m2* Fitness centre including state of the art equipment, recovery zone & coffee bar
- 54m2* Air-conditioned office with reception & boardroom
- 316m2* Wellness hub consisting of 7 private rooms, yoga & reformer studio
- 75m2* Wellness hub reception/waiting room
- 40m* Water Street frontage
- Future 'Mixed Use' development upside for residential, retail, and light industrial to build up to 4 storeys**
- Quality staff amenities including shower
- 3 Phase power
- Onsite car parking

Opportunities of this calibre are rare, do not miss your chance to secure a standout asset in a tightly held market with limited quality stock available.

For more information or to arrange an inspection, please contact the exclusive agent Mitch Willis of Colliers Toowoomba.

*Approx
**Subject to council approval