Here’s your chance to get a slice of the CBD action

A PROPERTY investment opportunity anchored by an established pizza business (in a newly refurbished building in the heart of the Toowoomba CBD) is being offered for sale via auction by Ray White Commercial Toowoomba.

The 102sq m ground-floor tenancy leased by American Slice at 1/189-193 Margaret Street, Toowoomba, is being marketed by Ray White Commercial Toowoomba’s Mark Wynhoven.

Mr Wynhoven said the impressive retail suite is the front tenancy in the Chronicle Arcade and American Slice is one year into a five-year tenancy with two x five-year options.

"Investment opportunities like this are always hard to come by," he said.

"This is an outstanding opportunity to secure a premium retail investment with strong security in an historic building in the heart of the city centre.

"The recently fitted-out suite offers a fantastic outlook onto busy Margaret Street and has a fresh appearance and signage. There is two-street access and alfresco dining under the awning. The outlet is close to the refurbished Long’s Building development and is in a busy precinct with surrounding cafes, retailers and professional offices."

The property is returning gross rental income of approximately $52,000 per annum.

The auction will be held on-site at 10.30am (AEST) on Friday, November 9.