Colliers International Toowoomba is proud to present 162a James Street, South Toowoomba to the market. This asset provides an outstanding opportunity to secure a retail investment backed by a long-standing reputable tenant Battery World in a high-profile location on the fringe of the Toowoomba CBD.
OVERVIEW:
Head lease to Battery World Australia since 2010
Brand new 6 Year lease covenant with options to 2031
Net Income: $52,000 per annum + GST
Assuring growth CPI annual rent increases
390m2 mixed use allotment with duel street access
210m2 tilt panel showroom boasting a built-in office, Kitchenette, Toilet facilities and storage area
Prominent high exposure location with 4 onsite car parks on the fringe of the Toowoomba CBD
Battery World is the leading battery retailer in Australia and one of Australia's top franchises with over 110 stores nationwide! Battery World is dedicated to being the most convenient place for all Australian consumers' to purchase batteries and related products. Carrying a product range of over 8,000 batteries for everything from mobile phones and laptops to vehicles and boats.
162a James Street, South Toowoomba offers an outstanding opportunity for a savvy investor or SMSF buyer to purchase a tidy retail property with a secure tenant covenant & adaptable future tenancy options within the thriving Toowoomba region.
For more information contact the exclusive marketing agents, Rebecca Steinmuller or Dan Dwan of Colliers International Toowoomba.
Accelerating Success.
* areas are approx.
Highlights:
* Head lease to Battery World Australia si
* Net Income: $57,009 per annum + GST
* 6 Year lease covenant with options to 20
