84 Hume Street,
Toowoomba City, QLD 4350

Shops & Retail • Development Sites & Land

Key property information

Land area

Floor area

Car spaces

Property extent

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Map of 84 Hume Street

Directions

Commercial and Residential Mix Investment

976m2 site total on CBD fringe
Commercial and residential properties co
Secure returns in place

Situated on the Toowoomba CBD's fringe and within the affluent suburb of East Toowoomba this site proposes a great investment to diversify your portfolio. Combining retail strip commercial uses, as well as an adjoining residential house these tenanted investments spread across a total of 976m2 with a great car parking ratio of 9 sealed parks for the properties commercial aspect. Cornering Hume, Bridge and Sir streets - exposure and ease of access doesn't get much better!

Strong leases are in place across all tenancies, with the residential component expiring in July 2016, and the soonest of the commercial up for review in September 2016.
Gross income across the properties is $64,572.39 PA (approx), with CPI increases in place for the Commercial tenancies.

If you are looking to diversify your investment portfolio or perhaps add commercial into your predominantly residential based assets, 84 Hume Street and 19 Sir Street pose the perfect addition.

Toowoomba City, 4350 demographic data

The median household income for Toowoomba City is $1,084, 28% lower than Regional Queensland's household income of $1,507. Toowoomba City has a similar age profile compared to the rest of Regional Queensland (median age 41). Property ownership data shows 47% of property owners in Toowoomba City have a mortgage.

2,321

Population

$1,084 per week

Median household income

41 years

Median age

Renters

Most residents

Singles

Most households

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