Railyard precinct opportunity

A COMMERCIAL mixed-use office/warehouse investment opportunity in a central Toowoomba CBD fringe position is available for sale through Ray White Commercial Toowoomba.

The property (on a land area of 2022sq m at 101 Mort Street, Toowoomba), is being marketed by Ray White Commercial Toowoomba’s Daniel McNamara.

Mr McNamara said the property in Toowoomba’s railyards precinct is currently leased until September, 2020, and is returning nett rental of approximately $123,000 per annum.

"This impressive 1000sq m building footprint includes 85sq m of air-conditioned offices, a massive warehouse with high roller doors and amenities plus a 210sq m mezzanine area," he said.

"The property is securely fenced with an electric gate and comes with 13 customer car park spaces. There are bonus extra storage and carport areas with rear access for deliveries."

Mr McNamara said being in a ‘mixed-use’ railyards precinct area allowed many different businesses to operate in the existing building.

"This is a rare opportunity in the railyards precinct," he said.

"Toowoomba also offers a lower cost of living and doing business compared to the capital cities as well as nation-leading infrastructure projects, state-of-the art health and award-winning education sectors, plus a major city lifestyle mixed with country charm."

The property is being offered for sale for $1.6 million. For further inquiries, please contact Daniel McNamara by calling 0417 642 965.