624 Alderley Street, Harristown, QLD 4350

Retail

For Sale For Sale $4,500,000

  • Property ID: 440352
  • Floor Area: 3805m²
  • Land Area: 3805m²
  • Occupancy: Tenanted
Secure 10 year lease to Ampol Harristown + Value Add Opportunity

Michael Willems, Jackson Rameau & Matt Taylor of Ray White Commercial present 624 Alderley Street Harristown. A strong investment located in the heart of Toowoomba benefiting from a national tenant, population growth, and prominent street exposure.

Key features include:
- Net income $294,175* p.a + GST
- Current 10-year lease ending 2031
- Options 3 x 5 year
- Securely leased to a proven and established premium fuel and convenience retailer, BOSS Group, which has an
extensive network of Ampol, Shell and BP sites nationwide
- Guaranteed rent growth - 2.5% p.a annual rent increases
- Tenant pays all usual outgoings as per the lease - excluding Land Tax and insurance
- High profile 3,503m2* corner site boasting 112m* frontage to major arterials Alderley Street & Greenwattle Street
(15,056* + vehicles daily)
- Premium growth location, poised to become 'Australia's leading transport & logistics hub'
- DA Approval for two fast food/retail drive-thru tenancies (242m2*)
- Dual street access on an intersection soon benefiting from $4.75m* signalised upgrade
- Golden investment opportunity - do not miss out!

Offered for sale via Private Treaty.
For more information or to arrange a private inspection, please contact the exclusive
marketing agents Michael Willems 0412 240 176, Jackson Rameau 0438 451 112 or Matt
Taylor 0429 959 429.

This property is being sold by auction or without a price and therefore a price guide cannot be
provided. The website may have filtered the property into a price bracket for website
functionality purposes.

Disclaimer:
The website may have filtered the property into a price bracket for website functionality purposes. Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately

Harristown Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3101 $121 3.90%
Offices --- $184 ---
Retail $2142 $282 13.18%
This is the average advertised price, rent and yield for Harristown, QLD 4350*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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