FOR SALE
Price on Application

Lot 01/189 Margaret Street
Toowoomba City QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 102m2
Land area: 102m2
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Prime Retail Space in Toowoomba CBD

This exceptional tenanted retail space located in the heart of Toowoomba boasts a generous floor area of 102sqm* and is ideally suited for an entry-level investor. Tenanted until July 2027 to an internationally branded pizzeria - this property is certainly one not to miss.
This property is strategically positioned on Margaret Street, ensuring maximum visibility and accessibility for your tenant's business. With a vibrant local community and a growing population, this location offers an excellent opportunity for growth and success.
• Building Area: 102sqm*
• Toowoomba CBD centric
• Significant exposure to Margaret Street
• Ample natural light, creating an inviting atmosphere for customers
• Rental Income per year of $57,088.00*
• Tenant on a 5 year + 5 year lease, expiring 2027
• Great signage opportunities
• Close proximity to clubs, pubs and other retail outlets
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Property Details for Lot 01/189 Margaret St, Toowoomba City

Building Type
Commercial
Floor Size
102m2
Land Size
102m2

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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 2,365 properties. Over the last 5 years, Houses in Toowoomba City have seen a 86.79% increase in median value, while Units have seen a 73.96% increase. As at 30 November 2024:

  • The median value for Houses in Toowoomba City is $628,508 while the median value for Units is $432,127.
  • Houses have a median rent of $490 while Units have a median rent of $350.
There are currently 26 properties listed for sale, and 117 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.

Suburb Insights for Toowoomba City 4350

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Paul Schmidt-Lee
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Ray White 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.