State-of-the-art Toowoomba investment opportunity

COLLIERS International Toowoomba is proud to present for sale, 373 Anzac Avenue.

Settled neatly into the industrial precinct of Harristown, Toowoomba, this blue-chip tenanted investment opportunity is the perfect property for any investor’s portfolio.

This site offers an amazing opportunity to purchase a state-of-the-art income-producing investment, with a lease covenant underpinned by reputable ‘Western Truck Group Pty Ltd’ on a brand-new triple net lease, with options to 2036.

Western Truck Group (WTG) is home to the sales/service for Mack, UD & Volvo Trucks, and is now a subsidiary of the Craig Black Group, forming part of one of three successful locations across Queensland – bringing together an experienced and knowledgeable team to the Toowoomba transport and automotive industries.

Situated in a prominent location along the Gore Highway, the huge 2.501ha industrial block is host to two sheds comprising a total of 4601sq m lettable area consisting of a fitted-out office, workshop, and showroom spaces with ample on-site car parking and an abundance of concrete hardstand.

Each tenancy also has a five-ton gantry crane.

The design and site configuration make for an easily adaptable space, meaning plenty of alternatives or even multi-tenanted options are a possibility to the right investor.

In addition, the brand new Clearspan construction offers excellent depreciation benefits.

Offering a triple net income of more than $890,000 per annual with 2.5 per cent annual increases, this opportunity is the pinnacle for even the most astute investor.

The area’s booming economy and convenient location double as a ‘transport & logistics gateway’ to the north, south, and west, meaning this blue-chip industrial investment will form part of the link in an Australia-wide chain of industry-leading parts and services dealerships.

Colliers International Toowoomba managing director Dan Dwan said, “373 Anzac Avenue provides an outstanding investment opportunity in the thriving Toowoomba region.

“Given the strong investment interest in the region from both listed and unlisted property funds, the Western Truck Group asset certainly provides an ideal opportunity for both institutional and private investors to gain a foothold on the ever-strengthening Toowoomba market.”

Zoned medium impact industry with B-double access and exceptional highway frontage, this site’s prime location is ideally adjoining Bunnings, Norco and the proposed Kaufland development.

“With such outstanding exposure and easy accessibility to the expanding Toowoomba Enterprise Hub, this investment opportunity should be hard to pass up,” Mr Dwan further commented.

This property has been released to the market for sale via expressions of interest which close on October 24 at 4pm.

For more information, please contact Dan Dwan of Colliers International Toowoomba on 0414 799 792.