FOR SALE
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143 West Street
Newtown QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 270m2
Land area: 1685m2
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Long Established Vet Clinic operated by VetPartners

LJ Hooker Commercial Toowoomba & South West are pleased to present to the market this outstanding investment opportunity located in one Australia's strongest economic regions. Operating since 1989, Herriott House is now a wholly owned subsidiary of Australian & New Zealand vet services provider, VetPartners.
- Leased to subsidiary of VetPartners which has recently been acquired by global investment fund EQT
- 5 year lease to October 2027 with 2 x 5 year options
- Tenant to pay all usual outgoings including management fees and land tax
- CPI Annual reviews
- Nett Income of $119,953 per annum plus GST
- Prominent 1,685sqm corner location opposite one of Toowoomba's famous gardens, Laurel Bank Park
- Toowoomba is Australia second largest inland city located 125km west of Brisbane with estimated population of 181,821 and broader regional catchment of nearly 500,000
For further information contact the exclusive agents, Justin Eastwell of LJ Hooker Commercial Toowoomba & South West.

Property Details for 143 West St, Newtown

Building Type
Commercial
Floor Size
270m2
Land Size
1685m2

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About Newtown 4350

The size of Newtown is approximately 5.5 square kilometres. It has 15 parks covering nearly 15.4% of total area. The population of Newtown in 2011 was 9,564 people. By 2016 the population was 9,587 showing a population growth of 0.2% in the area during that time. The predominant age group in Newtown is 20-29 years. Households in Newtown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newtown work in a trades occupation. In 2011, 55.1% of the homes in Newtown were owner-occupied compared with 52.3% in 2016.

Newtown has 5,366 properties.

    There are currently 28 properties listed for sale, and 21 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 302 properties were sold in the past 12 months in Newtown.

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    Contact agent
    Justin Eastwell
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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.