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21-25 Carrington Road
Torrington QLD 4350
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Sold on 11 Apr 2022

21-25 Carrington Road Torrington QLD 4350

  • Development / Land
  • 4.91 ha
  • Sold, $8,930,000

STRATEGIC TOOWOOMBA INDUSTRIAL ASSET WITH GLOBAL TENANT COVENANT!

    Colliers Toowoomba have the pleasure of presenting 21- 27 Carrington Road Torrington Toowoomba to the market for sale via Expression of Interest closing Thursday 9 December 2021 at 4pm.

    Undoubtedly the most prominent and strategic industrial sites in the core of Toowoomba's vibrant and expanding industrial precinct, boasting 173m of frontage to Carrington Road and well located to capitalize on the expanding Toowoomba Trade Gateway.

    This property represents a large-scale future development opportunity with significant holding income from global equipment company RDO Australia Group operating one of the world's most trusted John Deere and Vermeer equipment dealers and encompasses Vermeer Australia and Vanderfield.

    Highlights of the property include:
    4.91ha of medium impact industrial land across 3 separate titles
    Leased to RDO Australia Group with an income of $856,496 net per annum with CPI increases
    Approximately 8,000m2 of gross floor area across 9 buildings
    Improvements including showroom, office, large scale warehousing with 4.5 tonne gantry crane, storage facilities, open awning areas, wash bay and spray booth as well as extensive hardstand & outdoor display areas.
    High profile location within the Toowoomba industrial precinct with road train access.
    Well located with easy access to key roads networks, Wellcamp Airport and the Inland Rail Precinct.
    Outstanding future development opportunity.

    Rarely do such significant & strategic industrial sites of this size and potential come to the market don't miss this opportunity to secure a prime Carrington Road asset.

    For more information or to arrange an inspection, please contact Dan Dwan of Colliers Toowoomba.

    *Approx.

    Property Highlights

    Date Sold11 Apr 2022
    Sold Price$8,930,000
    Floor Area8,090 m²
    Land Area4.91 ha
    Parking20 x Onsite parkings
    Building TypeWhole building
    Property ID2017390067
    Category
    Last updated  11 Apr 2022
    Map for 21-25 Carrington Road Torrington QLD 4350

    Property Highlights

    Date Sold11 Apr 2022
    Sold Price$8,930,000
    Floor Area8,090 m²
    Land Area4.91 ha
    Parking20 x Onsite parkings
    Building TypeWhole building
    Property ID2017390067
    Category
    Last updated  11 Apr 2022
    171 Hume Street Toowoomba City QLD 4350

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