SOLD
Sold on 23 Feb 2024 for $3,100,000

188 Steger Road
Charlton QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 124600m2
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Colliers Toowoomba
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Property Details for 188 Steger Rd, Charlton

Building Type
Commercial
Land Size
124600m2
Local Government
Toowoomba Regional
Lot/Plan
23/SP321131

Last Listing description (April 2024)

Colliers Toowoomba are proud to present this outstanding tenanted industrial investment opportunity at 188 Steger Road, Charlton to the market.

Presenting a generous 12.47-hectare property situated in the Toowoomba Trade Gateway, right next to Interlink SQ, Toowoomba's Global Logistics & Industrial Park, and conveniently close to key transportation routes like the Warrego Highway and the Toowoomba Second Range Crossing as well as the proposed Melbourne to Brisbane Inland Rail. The property at 188 Steger Road Charlton not only provides a stable investment income from the ASX-listed Telstra Group Limited (TLS) until 2042 but also promises potential for future development in a dynamic and swiftly growing industrial area.

Key Features:

- 12.47-hectare parcel of land
- Medium Impact Industry zoning - Intermodal Facility Precinct
- Current income - $127,308 net per annum
- Fixed 3% annual increases
- ASX listed tenant - Telstra Group Ltd (TLS)
- Current improvements include a modern 3-bedroom brick veneer home with additional shedding
- Extensive opportunity for future industrial development in significant industrial precinct

188 Steger Road presents a unique opportunity to secure a prime industrial parcel in the expanding industrial hub of Charlton. Rarely do such significant & strategic sites of this scale come to the market. Suitable for anyone looking to take advantage of this property's prime location & capitalize on the unrivalled road, rail & air connectivity the Toowoomba region has to offer.

For more information, please contact your Exclusive Marketing agent Dan Dwan of Colliers Toowoomba. Accelerating success!

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Property History for 188 Steger Rd, Charlton, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$3,100,000
23 Feb 2024
  • 23 Feb 2024
    Sold for $3,100,000
  • 13 Feb 2024
    Listed for Sale $3,500,000

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About Charlton 4350

The size of Charlton is approximately 13.5 square kilometres. The population of Charlton in 2011 was 1,938 people. By 2016 the population was 127 showing a population decline of 93.4% in the area during that time. The predominant age group in Charlton is 10-19 years. Households in Charlton are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Charlton work in a trades occupation. In 2011, 86% of the homes in Charlton were owner-occupied compared with 71% in 2016..

Charlton has 103 properties. Over the last 5 years, Houses in Charlton have seen a 70.03% increase in median value. As at 31 October 2024:

  • The median value for Houses in Charlton is $820,068.
There are currently 7 properties listed for sale, and 4 properties listed for rent in Charlton on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Charlton.

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