Retail | Showrooms | Offices

Property ID: 328179

 

Property Investment - Freestanding Toowoomba Supermarket

102 Hill Street, Newtown, QLD 4350

- A strong performing 755sqm* freestanding supermarket located on the western outskirts of Toowoomba's CBD, Newtown
- Efficiently designed supermarket with excellent convenience for customers with over 45 on grade car parks on a site of over 4,025sqm
- 10 year lease to Bansal Group, operating 19 IGA stores throughout Qld and WA.
- Situated on the main road between 2 High Schools and 1 primary school with another high school within the catchment area.
- The IGA alone is paying an annual income of $181,534* + GST with annual CPI rental increases.
- The front or Northern facing tenancies offers great value-add and additional income including a new 4 year lease to Elite Chryotherapy.

*Approx.

Sold

$2,000,000

Mark Wynhoven