FOR RENT
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235 Margaret Street
Toowoomba City QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 460m2
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Rejuvenated Landmark building in desirable Corner Location

On behalf of our valued client L J Hooker Commercial is pleased to present to the market for lease the A.R Bailey building at 235 Margaret Street, Toowoomba City.
Located on the Northeast Corner of Toowoomba's major pedestrian intersection sits 235 Margaret Street a historic building with new life on the horizon, with a substantial renovation planned for this property there is opportunity for a multitude of businesses onsite.
With the developer opting to keep the existing floor plan of 1966m2 spread over 5 unique levels with direct lift access to each floor.
The redevelopment will focus on breathing new light into these spaces by bringing in natural light and a fresh finishes, ready for the end user to design and fit out to their desired finish and specification. The developers have a vision for the Centre, with will allow for a multitude of uses including Large Format Retail, Food, General Retail and modern office layouts.
These designs provide the eventual tenants with a modern layout and new amenities whilst still providing a commanding CBD location.
Key Features:
- High exposure CBD location
- Substantial pedestrian and vehicle traffic Monday - Sunday
- Extensive Signage opportunities available - including Bishopp Billboard signage on facade.
- Flexible floor plans with spaces available from 100m
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Property Details for 235 Margaret St, Toowoomba City

Building Type
Commercial
Land Size
460m2

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About Toowoomba City 4350

The size of Toowoomba City is approximately 2.7 square kilometres. It has 9 parks covering nearly 3.8% of total area. The population of Toowoomba City in 2011 was 2,200 people. By 2016 the population was 2,093 showing a population decline of 4.9% in the area during that time. The predominant age group in Toowoomba City is 20-29 years. Households in Toowoomba City are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Toowoomba City work in a professional occupation. In 2011, 35.7% of the homes in Toowoomba City were owner-occupied compared with 34.4% in 2016.

Toowoomba City has 2,354 properties. Over the last 5 years, Houses in Toowoomba City have seen a 77.11% increase in median value, while Units have seen a 72.57% increase. As at 31 October 2024:

  • The median value for Houses in Toowoomba City is $602,314 while the median value for Units is $461,135.
  • Houses have a median rent of $493 while Units have a median rent of $350.
There are currently 27 properties listed for sale, and 112 properties listed for rent in Toowoomba city on OnTheHouse. According to CoreLogic's data, 116 properties were sold in the past 12 months in Toowoomba city.

Suburb Insights for Toowoomba City 4350

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Christopher Stewart
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LJ Hooker Commercial Toowoomba
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.