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12-14 Gowrie Street Toowoomba City QLD 4350

  • Shop & Retail
  • 1,291 m²
  • For Sale, For Sale by Private Treaty

Kingsthorpe Central Convenience Retail and Medical Centre

  • Long Lease Security
  • Attractive Net Lease Structures
  • Genuine Value Add Opportunity

Kingsthorpe Central is a modern near new Convenience Retail and Medical complex featuring a dynamic mix of tenants anchored by an IGA Supermarket plus five (5) supporting tenants including a Bottleshop, Medical Centre, Chemist and a Dentist. The Complex is anchored by an 800sqm* IGA Supermarket which is secured on a 20-year lease to 2038 plus 2 x 10 year options to 2058. Kingsthorpe Central Shopping Centre features excellent access and convenient grade level parking for 52* vehicles.

Kingsthorpe Central Shopping Centre is located within the Toowoomba Local Government Area, the second largest non-capital inland city in Australia. Kingsthorpe is located 20km* north-west of the Toowoomba CBD and 16km* north of the Toowoomba Wellcamp Airport. Toowoomba is located within 130km* west of Brisbane. The complex occupies a gateway style position within Kingsthorpe and is easily accessible with wide road frontages.

Key highlights include:

- Near New Convenience Retail and Medical Centre Comprising (6) tenancies including an IGA Supermarket, Bottleshop, Dentist, Medical Centre and Chemist

- Long Lease Security The Centre features a long lease profile (WALE) of over 12.5 years* by lettable area

- Attractive Net Lease Structures All tenants are secured on Net Leases and pay their proportionate share of recoverable outgoings

- Dominant Centre Kingsthorpe Central is the dominant Retail & Medical Centre in the catchment and only supermarket in the immediate area

- Tax Depreciation The Centre provides valuable tax benefits via substantial building depreciation

- Establish Area with Young Demographics Kingsthorpe is an established town of greater Toowoomba with a predominantly young family demographic with a median age of 37* years

- Value Add Opportunity The complex appreciates a significant future value add opportunity via an approved staged expansion plan for currently undeveloped land

- For Sale by Private Treaty

- Sale Price: $6,250,000

*Approximate

Jon Tyson
Savills Brisbane
Jon Tyson
Savills Brisbane
Michael Harcourt
Savills Brisbane
Michael Harcourt
Savills Brisbane

Property Highlights

Property ID2016522398
Floor Area1,291 m²
Land Area8,118 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  11 Nov 2020
Map for 12-14 Gowrie Street Toowoomba City QLD 4350
Map for 12-14 Gowrie Street Toowoomba City QLD 435012-14 Gowrie Street Toowoomba City QLD 4350
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Jon Tyson
Savills Brisbane
Jon Tyson
Savills Brisbane
Michael Harcourt
Savills Brisbane
Michael Harcourt
Savills Brisbane

Property Highlights

Property ID2016522398
Floor Area1,291 m²
Land Area8,118 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  11 Nov 2020
Savills Brisbane
Level 33, Riverside Centre, 123 Eagle Street Brisbane City QLD 4000
Jon Tyson
Savills Brisbane
Jon Tyson
Savills Brisbane
Michael Harcourt
Savills Brisbane
Michael Harcourt
Savills Brisbane

Ask Jon Tyson about this property

Jon Tyson

Jon Tyson

Savills Brisbane

Michael Harcourt

Michael Harcourt

Savills Brisbane

0424 *** ***
0424 506 124

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