Colliers Toowoomba proudly presents 329 Margaret Street, Toowoomba City, offered for sale via Expressions of Interest closing Tuesday 1st July 2025 at 4:00 PM.
This is a rare opportunity to acquire a character-rich, freestanding commercial building of approximately 220m² net lettable area, on a substantial 759m² CBD fringe allotment, presenting astute investors with a compelling blend of immediate income and future growth potential.
This property offers a unique combination of secure income from a reputable tenant and significant upside potential through strategic asset management. The substantial land holding and versatile building configuration provide a solid foundation for long-term growth, while the prime CBD fringe location ensures strong tenant demand. The upcoming lease expiry in December 2025 presents a timely opportunity to capitalize on market conditions and potentially increase rental income, further enhancing the property's investment appeal.
Key Property Features:
- Building Area: Approx. 220m² standalone character property and storage shed
- Land Area: Substantial 759m² CBD fringe allotment
- Configuration: Reception, 6 offices, open-plan areas, storage, kitchen, amenities
- Location: Prime CBD fringe location with excellent connectivity and signage exposure
- Current Income: $79,825 gross per annum (leased to Sonova Audiological Care Australia, trading as Connect Hearing)
- Lease Expiry: December 2025
- Parking: Ample off-street parking plus 8 dedicated spaces
- Additional Storage: Lock up garage with roller door
This is not your typical commercial building. The unique character features combined with a practical layout create a desirable and sought-after work environment. The secure income stream provides immediate returns while allowing investors to strategically plan for future growth and maximise their investment. The prime CBD fringe location offers the convenience and accessibility of the city center without the congestion, attracting both tenants and customers.
Don't miss this exceptional opportunity to secure a character property with significant upside potential in a prime Toowoomba location.
For further details or to arrange an inspection, please contact the exclusive marketing agents Gillian Ross or Clem Killen of Colliers Toowoomba
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