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117 & 117A Bridge Street
Mount Lofty QLD 4350
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Sold on 27 May 2022

117 & 117A Bridge Street Mount Lofty QLD 4350

  • Other
  • 190 m²
  • Sold, $1,285,000

SOLD - Mixed Use Investment in Tightly Held Suburb!

    LJ Hooker Commercial Toowoomba is pleased to present to the market the freehold for 117 & 117A Bridge Street, Mount Lofty.

    Consisting of a shop and cottage, and boasting a commanding position on the corner of Bridge and Stuart Streets, the property is exposed to an abundance of traffic, with 25,613 vehicles passing the site weekly.

    Bridge Street is one of the only streets to fully traverse the city form east to west, but it is also the direct route into the city from massive agricultural hubs, such as Dalby and Chinchilla.

    Situated directly across the road from TAFE Queensland Toowoomba Campus, a plethora of clientele are guaranteed for the café daily.

    Adjoining the café, the fully restored and furnished Queenslander cottage is within close proximity to prestigious, private primary and secondary schools.

    Fairholme College and Toowoomba Anglican School are a 3-minute drive away and it's less than a 5-minute drive to Toowoomba Grammar. To further entice, it's a comfortable walk to East State School, Queens Park and the C.B.D.

    Features Include:
    Passing net income of $59,237.02 per annum*.
    Shop is leased to prominent local tenant Burrow Café lease expires mid 2023 with 2 x 3 year options in place.
    Cottage currently on 6 month lease and is fully furnished.
    25,613 passing cars per weekly.
    Total land area of 564m2.

    *Approx

    Information Memorandum and Due Diligence link available upon request.

    For more information, please contact Chris Stewart of LJ Hooker Commercial Toowoomba

    Property Highlights

    Date Sold27 May 2022
    Sold Price$1,285,000
    Floor Area190 m²
    Land Area564 m²
    Parking2 x Onsite parkings
    Building TypeWhole building
    Property ID2017398569
    Category
    Last updated  2 Jun 2022
    Map for 117 & 117A Bridge Street Mount Lofty QLD 4350

    Property Highlights

    Date Sold27 May 2022
    Sold Price$1,285,000
    Floor Area190 m²
    Land Area564 m²
    Parking2 x Onsite parkings
    Building TypeWhole building
    Property ID2017398569
    Category
    Last updated  2 Jun 2022

    Listed by

    Chris Stewart
    Chris Stewart
    LJ Hooker Toowoomba
    Call
    451948001

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