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64 Annand Street
Toowoomba QLD 4350
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Sold on 23 Jun 2023

64 Annand Street Toowoomba QLD 4350

  • Offices
  • 791 m²
  • Sold, $3,050,000

Multi Tenanted Freehold Office Building

  • Multi Tenanted
  • Standalone Building
  • 3.54 Year WALE

Luxe Commercial and Cushman & Wakefield are pleased to present for sale 64 Annand Street, a fully leased freehold commercial office building located in the heart of the Toowoomba central business district.

Situated on a 1,232sqm* landholding with prominent street frontage, this Principal Centre zoned site is improved with a diverse mix of five commercial tenants, taking up a total of 791sqm* over two floors.

This property presents highly sought-after characteristics which include a corner position, established public transport connectivity and a council car park located adjacent to the site.

Features include:
+ NLA of 791 sqm*, 8 on-site car parks & further 165 car parks adjacent to property.
+ Fully leased, returning an estimated net income of $234,489* per annum.
+ Long term lease to EFEX, one of Australia's largest technology providers.
+ Strong tenancy mix, including Toowoomba City Council & Mission Australia.
+ Fixed Annual Reviews & highly favourable lease structure with all outgoings recoverable.

*Approximate - as of January 2023.

For further information and access to the detailed due diligence file please contact the exclusive marketing agents noted on the details below.

Property Highlights

Date Sold23 Jun 2023
Sold Price$3,050,000
Floor Area791 m²
Land Area1,232 m²
Parking8 x Onsite parkings
Building TypeWhole building
Property ID2018064809
Category
Last updated  26 Jun 2023
Map for 64 Annand Street Toowoomba QLD 4350

Property Highlights

Date Sold23 Jun 2023
Sold Price$3,050,000
Floor Area791 m²
Land Area1,232 m²
Parking8 x Onsite parkings
Building TypeWhole building
Property ID2018064809
Category
Last updated  26 Jun 2023
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