FOR SALE
EOI Closing Thursday 14th November at 4p

152-154 Margaret Street
Toowoomba City QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 725m2
Land area: 566m2
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Landmark Toowoomba CBD Office Building

L J Hooker Commercial Toowoomba are pleased to offer to the market 152-154 Margaret Street, Toowoomba City via Expression of Interest Closing 5pm on the 14th November 2024
152 Margaret Street offers the eventual purchaser the opportunity to either expand their investment portfolio or obtain a new refurbished office tenancy to house their business with a statement piece of history in the Heart of the Toowoomba CBD.
With a commanding position on Margaret Street and a character faade known well within the Toowoomba market, these opportunities in the CBD of Toowoomba rarely hit the market and are not to be missed!
Features Include:
- Gross income $54,418* per annum
- 698m* of A grade Office floor space on 566m of land
- 210m2 tenancy leased to Elliotts Accounting on a lease expiring June 2026 (Options to 2032)
- Vacant area 488m2* across two levels each floor Spread over two levels the building now offers lift access or a classic internal timber staircase to welcome your clients to the first floor.
- Zoned in a principal centre zone allows for multiple future development options (STCA)
- Elevator access between both floors
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Property Details for 152-154 Margaret St, Toowoomba City

Building Type
Commercial
Floor Size
725m2
Land Size
566m2

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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 2,361 properties. Over the last 5 years, Houses in Toowoomba City have seen a 77.09% increase in median value, while Units have seen a 55.12% increase. As at 30 September 2024:

  • The median value for Houses in Toowoomba City is $591,936 while the median value for Units is $440,768.
  • Houses have a median rent of $490 while Units have a median rent of $350.
There are currently 26 properties listed for sale, and 119 properties listed for rent in Toowoomba city on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Toowoomba city.

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LJ Hooker Commercial Toowoomba
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