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34 Neil Street
Toowoomba City QLD 4350
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34 Neil Street Toowoomba City QLD 4350

  • Development / Land
  • 405 m²
  • For Sale, EOI CLOSING EARLY 3rd OCT 2024 at 4pm

High Profile CBD Investment Opportunity with Development Potential

    L J Hooker Commercial are pleased to present to the sale market 34 Neil Street, Toowoomba City via Expression of Interest now closing 3rd October 2024.

    Offering the eventual purchaser endless potential with a passive income and the option to invest, redevelop (STCA) or future occupy!

    Features Include:
    389m² of Net Lettable Area (NLA)* across two established tenancies
    Ability to subdivide to 5 individual tenancies
    Land area of 405m²*, zoned Principal Centre
    Net passing income of $34,339 per annum* with the capability for significant growth
    Established trading history with long-standing tenants: Boss Creations Hair Salon and E Attar Middle Eastern Grill
    Convenient location within walking distance to the CBD and ample off-street parking
    Tenancy 1: 24m²* retail space, currently operating as a hair salon, offering a neat and tidy layout
    Tenancy 2: 364m²* with a fully equipped restaurant, commercial kitchen, and two spacious dining areas. This tenancy boasts expansive window frontage Bell Street, providing abundant natural light
    Development potential: Zoned for up to 8 storeys, offering future development opportunities (STCA) with stunning views over the iconic Queens Park and Toowoomba CBD

    This property presents an exceptional opportunity for the astute investor, offering a central location with excellent connectivity. The flexibility in lease terms, established income, and versatile layout make it a rare find in today's market.

    Don't miss out on this unique investment with both immediate returns and significant development upside.

    For more information or to arrange a private inspection please contact exclusive agent Chris Stewart of LJ Hooker Commercial.

    *Approx.
    ** Subject to Council Approval.

    LJ Hooker Toowoomba
    LJ Hooker Toowoomba
    677-683 Ruthven Street
    Toowoomba, QLD 4350
    Chris Stewart
    Chris Stewart
    0451948001

    Property Highlights

    Floor Area389 m²
    Land Area405 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019488158
    Category
    Last updated  30 Sep 2024
    Map for 34 Neil Street Toowoomba City QLD 4350
    LJ Hooker Toowoomba
    LJ Hooker Toowoomba
    677-683 Ruthven Street
    Toowoomba, QLD 4350
    Chris Stewart
    Chris Stewart
    0451948001

    Property Highlights

    Floor Area389 m²
    Land Area405 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019488158
    Category
    Last updated  30 Sep 2024

    Listed by

    Chris Stewart
    Chris Stewart
    LJ Hooker Toowoomba
    Call
    0451948001

    More about 34 Neil Street Toowoomba City QLD 4350

    34 Neil Street Toowoomba City QLD 4350 is categorized as Land & Development Property. It has a floor area of 389 m² and a land area of 405 m². The listing ID for this property is 2019488158.

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