Trophy Freehold Toowoomba Investment Triple Net Lease to Regional Success Story

55 Carrington Road, Toowoomba QLD

Property Highlights

5 year lease with 5 year option

Annual 3% increases

Net Income: $200,000 pa (May 2019)

Description

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 Details

Listing
Sale
Occupancy Type
Industrial
Land Size
4138 Squaremeter
Gross Building Area
817 Squaremeter

Contact Agents

Craig Chapman

+610 427 110132

Shaun Venables

0411 860 865

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