Herries St site comes to market

A MULTI-USE city-fringe commercial site (boasting three-street access) has come to market through LJ Hooker Commercial Toowoomba.

Currently home to the Toowoomba Motor Group – the city’s dealerships for Kia and Mitsubishi – the site is zoned mixed-use, allowing a landlord, developer or owner-occupant to reposition the parcel and building for other professional uses such as a medical centre, office tenancies or shops.

The property at 186 Herries Street is being sold as vacant possession, with marketing agents Shane Kennett and Scott Playle of LJ Hooker Commercial Toowoomba calling for Expressions of Interest closing Thursday, October 18.

Mr Kennett said the corner site offered 3267sq m across multiple lots, allowing value-adding opportunities for a future buyer.

“With the mixed-use zoning, there’s the opportunity to split the site, creating a larger allotment of 2449sq m on the corner of Herries Street where the Kia and Mitsubishi dealership currently is positioned, and establishing a separate block of 918sq m facing Clifford Street,” Mr Kennett said.

“Toowoomba Motor Group operates from a first-class showroom facility which is perfectly positioned for a new display centre, with hardstand for outdoor display purposes. The outdoor component has capacity for approximately 60 vehicles.

“The zoning and the functionality of the contemporary, two-level building allows a future owner to explore a multitude of tenancy opportunities from a medical centre to retail and office.”

The building offers a ground floor space of 569sq m comprising of a showroom, five offices and a kitchenette.

The showroom boasts floor-to-ceiling glass and high ceilings, offering an abundance of natural light throughout.

The upper level comprises of 211sq m which is made up of a reception area, five separate offices, a boardroom, IT services, a staff room and amenities.

For further information on this opportunity, contact Shane Kennett on 0407 161 513 or Scott Playle on 0417 779 434.