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Sold on 28 Jan 2021

515-521 Bridge Street Toowoomba QLD 4350

  • Shop & Retail
  • 1,085 m²
  • Sold

15 Year Triple Net Lease to Proven Operator - Huge 6,087 sqm Site

  • 15 Year Triple Net Lease to 2034
  • Minimum 3% annual increases
  • High Yielding Opportunity

Cushman & Wakefield is pleased to present to the market 515-521 Bridge Street, Wilsonton (Toowoomba) for Sale via Offers to Purchase.

The property has the following key characteristics:

- 15 year triple net lease to 2034 + options
- Lead Childcare - Successful & experienced private operator with 15 Centres throughout QLD
- Strategic childcare location 100m to Fairview State School & within 5 minutes drive of 9 other schools
- Excellent exposure with 95+ metres of frontage to Bridge Street/Warrego Highway, 21,100+ vehicles passing daily
- Prominent corner site improved by 3 standalone buildings licensed for 205 LDC places
- Closeby to key employment & infrastructure nodes including Toowoomba Airspace & $90M Woolworths & Coles anchored Wilsonton Shopping Centre
- Tenant pays all outgoings including structural repairs & maintenance, Land Tax & Management Fees
- Lease secured by 6 month Bank & Personal Guarantees
- Toowoomba - Dynamic Regional City supported by a multi-faceted $11 Billion economy, population 149,512
- Minimum 3% annual rent increases
- Net Income $324,450 pa + GST

For more information please contact the exclusive property professionals at Cushman & Wakefield.

Property Highlights

Property ID2016581352
Date Sold28 Jan 2021
Floor Area1,085 m²
Land Area6,087 m²
Parking37 x Onsite parkings
Building TypeWhole building
Category
Last updated  1 Feb 2021
Map for 515-521 Bridge Street Toowoomba QLD 4350
Map for 515-521 Bridge Street Toowoomba QLD 4350515-521 Bridge Street Toowoomba QLD 4350
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Property Highlights

Property ID2016581352
Date Sold28 Jan 2021
Floor Area1,085 m²
Land Area6,087 m²
Parking37 x Onsite parkings
Building TypeWhole building
Category
Last updated  1 Feb 2021
Cushman & Wakefield Brisbane
Level 11, 123 Eagle Street Brisbane City QLD 4000

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