7 Newington StreetNorth Toowoomba QLD 4350
Property Details for 7 Newington St, North Toowoomba
Last Listing description (October 2024)
Discover the unparalleled potential of our latest industrial offerings in the thriving heart of Toowoomba. Positioned strategically within minutes of the CBD and major arterial routes, these properties at 5 & 7 Newington Street feature modern warehouses, each occupying a generous 810sqm* plot with an expansive 495sqm* of internal warehouse space. Additionally, the inclusion of a vacant 810sqm* land parcel at 5-7 Ernest Street presents a blank canvas for development tailored to your business needs. These properties are available for purchase individually or as a combined property parcel, offering flexible investment options to suit your strategic requirements.
Each site boasts exceptional accessibility with close proximity to highway connectors, ensuring seamless logistics and distribution operations. The properties offer off-street parking, a valuable commodity for staff and visiting clients. Whether expanding, relocating or establishing a new branch, these properties provide a versatile foundation for growth in a high-demand area. Acquire individually to meet specific operational needs or combine parcels for a significant footprint in Toowoomba's industrial sector.
• Two modern 495sqm* warehouses, each on separate 810sqm* land parcels
• Strategic location near Toowoomba CBD enhances business visibility
• Easy access to major arterial roads, streamlining logistics
• Close proximity to highway connectors for efficient transportation
• Off-street parking available at each warehouse, enhancing accessibility
• Situated in a high-demand industrial area, ideal for investment or operations
• Property is currently leased
• Attractive as an investment holding or as a future owner occupier
• Potential for future high rental yields and capital appreciation
• Warehouses equipped with essential utilities and ready for operation
• Ideal for manufacturing, storage or distribution enterprises
* Approximately
Property History for 7 Newington St, North Toowoomba, QLD 4350
- 03 Oct 2024Sold
- 06 Sep 2024Listed for Sale Contact Agent
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0About North Toowoomba 4350
The size of North Toowoomba is approximately 2 square kilometres. It has 3 parks covering nearly 3.7% of total area. The population of North Toowoomba in 2011 was 3,048 people. By 2016 the population was 2,979 showing a population decline of 2.3% in the area during that time. The predominant age group in North Toowoomba is 20-29 years. Households in North Toowoomba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in North Toowoomba work in a professional occupation. In 2011, 55.9% of the homes in North Toowoomba were owner-occupied compared with 55.3% in 2016.
North Toowoomba has 1,875 properties. Over the last 5 years, Houses in North Toowoomba have seen a 80.68% increase in median value, while Units have seen a 85.16% increase. As at 30 September 2024:
- The median value for Houses in North Toowoomba is $570,228 while the median value for Units is $461,884.
- Houses have a median rent of $480 while Units have a median rent of $375.
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