18-20 Hanna Court Kearneys Spring QLD 4350

Burgess Rawson is pleased to offer to the market this superbly positioned corner landholding at 18-20 Hanna Court (corner of New England Highway), Kearneys Spring (Toowoomba) QLD for sale via our Investment Portfolio Auction 174.

The opportunity has the following key investment highlights:

+ Lease renewed early on a brand new 5 year lease to June 2030
+ Richmond Fellowship Queensland: a well-established and leading mental health and psychological service provider offering personalised recovery and support plans across QLD
+ Commanding 1,497sqm* corner landholding with valuable street frontage to the New England Highway of 26.6 metres*
+ Impressive improvements with attractive internal fit-out + 22 valuable on-site car parking spaces
+ New England Highway: important interstate link between New South Wales and Queensland
+ Kearneys Spring: a residential locality in the Toowoomba Region with a population of 9,419^1
+ Toowoomba: thriving southeast QLD area with population forecast to soar by 29.2%* from 181,821 to 235,000 by 2050^2
+ QLD's 6th largest region by population, the Toowoomba region generates $14.76 billion in GRP and has 93,206 local jobs in the area^3
+ Attractive rent reviews to the greater of CPI or 2.5%, ensuring compounding income growth
+ Landlord friendly net lease terms, tenant pays outgoings, as per lease
+ Net Income: $110,381 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Thursday 20 February 2025
The Hilton, Brisbane

Please contact the exclusively appointed sales team for more information

*Approx
^abs.gov.au
^^nab.com.au
^^^economy.id