OFF MARKET

126 South Street
Centenary Heights QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: 14
Land area: 997m2
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Property Details for 126 South St, Centenary Heights

Building Type
Commercial
Land Size
997m2
Local Government
Toowoomba Regional
Lot/Plan
7/RP108029

Last Listing description (July 2023)

Colliers Toowoomba is pleased to represent client, RSL QLD, in the divestment of their asset located at 126 South Street, Centenary Heights. Available to purchase via Expressions of Interest.

This is a rare opportunity to acquire a sound standalone Commercial building located in the popular suburb of Centenary Heights.

The property presents multiple opportunities for an Owner Occupier, a savvy Landlord to reconfigure to suit Tenant(s) requirements or a Developer to utilize the 997m site and expand on the existing dwelling or take a residential approach (STCA).

Features
- 201m Building area with an existing office fitout consisting of multiple sized private offices & meeting rooms, reception, waiting area and amenities with dual entries
- Additional 1st floor open plan storage level with internal access
- 12 on grade carparks with additional tandem carport (1:16m2)
- Well maintained established landscaping
- Sold with vacant possession
- 6min drive to the Toowoomba CBD
- Popular Centenary Heights suburb with walking distance to Southtown Shopping Centre, featuring multiple retail, food options and professional services.
- Zoned: Low Medium Density Residential
- Multiple opportunities (STCA) Reconfigure current layout, opportunity to split into two tenancies or further develop existing commercial dwelling.
- Past building uses included a Medical Centre and Squash Courts

Undoubtedly 126 South Street offers a fantastic opportunity with a stone's throw to the shops and professional services, as well as a grand potential to satisfy the requirements for an Owner Occupier, Developer or Investor. Rarely do these types of commercial opportunities come to the market!

For more information or to arrange an inspection, please contact the exclusive marketing agent, Dan Dwan of Colliers Toowoomba.

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Property History for 126 South St, Centenary Heights, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$780,000
09 May 2023
  • 09 May 2023
    Sold for $780,000
  • 17 Jan 2023
    Listed for Sale Contact Dan Dwan
  • 22 May 2012
    Sold for $380,000
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About Centenary Heights 4350

The size of Centenary Heights is approximately 3.1 square kilometres. It has 14 parks covering nearly 8.5% of total area. The population of Centenary Heights in 2011 was 5,878 people. By 2016 the population was 6,084 showing a population growth of 3.5% in the area during that time. The predominant age group in Centenary Heights is 20-29 years. Households in Centenary Heights are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Centenary Heights work in a professional occupation. In 2011, 66.5% of the homes in Centenary Heights were owner-occupied compared with 62.4% in 2016.

Centenary Heights has 3,072 properties. Over the last 5 years, Houses in Centenary Heights have seen a 92.18% increase in median value, while Units have seen a 81.03% increase. As at 30 November 2024:

  • The median value for Houses in Centenary Heights is $659,394 while the median value for Units is $574,367.
  • Houses have a median rent of $520 while Units have a median rent of $430.
There are currently 17 properties listed for sale, and 8 properties listed for rent in Centenary heights on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Centenary heights.

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