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188 Steger Road
Charlton QLD 4350
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Sold on 5 Apr 2024

188 Steger Road Charlton QLD 4350

  • Development / Land
  • 12.47 ha
  • Sold, $3,100,000

Unique Industrial Investment in Toowoomba's Expanding Industrial Hub with ASX Listed Tenant Covenant

    Colliers Toowoomba are proud to present this outstanding tenanted industrial investment opportunity at 188 Steger Road, Charlton to the market.

    Presenting a generous 12.47-hectare property situated in the Toowoomba Trade Gateway, right next to Interlink SQ, Toowoomba's Global Logistics & Industrial Park, and conveniently close to key transportation routes like the Warrego Highway and the Toowoomba Second Range Crossing as well as the proposed Melbourne to Brisbane Inland Rail. The property at 188 Steger Road Charlton not only provides a stable investment income from the ASX-listed Telstra Group Limited (TLS) until 2042 but also promises potential for future development in a dynamic and swiftly growing industrial area.

    Key Features:
    - 12.47-hectare parcel of land
    - Medium Impact Industry zoning Intermodal Facility Precinct
    - Current income - $127,308 net per annum
    - Fixed 3% annual increases
    - ASX listed tenant Telstra Group Ltd (TLS)
    - Current improvements include a modern 3-bedroom brick veneer home with additional shedding
    - Extensive opportunity for future industrial development in significant industrial precinct

    188 Steger Road presents a unique opportunity to secure a prime industrial parcel in the expanding industrial hub of Charlton. Rarely do such significant & strategic sites of this scale come to the market. Suitable for anyone looking to take advantage of this property's prime location & capitalize on the unrivalled road, rail & air connectivity the Toowoomba region has to offer.

    For more information, please contact your Exclusive Marketing agent Dan Dwan of Colliers Toowoomba. Accelerating success!

    Property Highlights

    Date Sold5 Apr 2024
    Sold Price$3,100,000
    Floor AreaAsk Agent
    Land Area12.47 ha
    ParkingAsk Agent
    Building TypeWhole building
    Property ID2018858071
    Category
    Last updated  8 Apr 2024
    Map for 188 Steger Road Charlton QLD 4350

    Property Highlights

    Date Sold5 Apr 2024
    Sold Price$3,100,000
    Floor AreaAsk Agent
    Land Area12.47 ha
    ParkingAsk Agent
    Building TypeWhole building
    Property ID2018858071
    Category
    Last updated  8 Apr 2024
    171 Hume Street Toowoomba City QLD 4350

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