LJ Hooker Commercial Toowoomba are pleased to present an exceptional opportunity to acquire a 100% tenanted freehold investment in one of Australia's fastest growing regions. Underpinned by major tenants including The State of Queensland, GHD and McClean Care; this prominent corner location is located within a highly desirable zoning offering significant holding income with long term development opportunity.
Highlights:
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The size of East Toowoomba is approximately 4 square kilometres. It has 11 parks covering nearly 11.7% of total area. The population of East Toowoomba in 2011 was 5,675 people. By 2016 the population was 5,257 showing a population decline of 7.4% in the area during that time. The predominant age group in East Toowoomba is 10-19 years. Households in East Toowoomba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Toowoomba work in a professional occupation. In 2011, 55.5% of the homes in East Toowoomba were owner-occupied compared with 54.7% in 2016.
East Toowoomba has 3,257 properties. Over the last 5 years, Houses in East Toowoomba have seen a 71.25% increase in median value, while Units have seen a 93.04% increase. As at 31 October 2024:
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