SOLD
Sold on 21 Sep 2023 for $1,555,000

63 Soutter Street
Roma QLD 4455

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1873m2
Sold By
Craig Chapman
Burgess Rawson Queensland
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Property Details for 63 Soutter St, Roma

Building Type
Commercial
Land Size
1873m2
Local Government
Maranoa Regional
Lot/Plan
5/SP262449

Last Listing description (September 2023)

Burgess Rawson is pleased to offer to the market RTS (Roma Truck Spares) & Pengelly Trucks and Trailers located at 109 Raglan Street, Roma QLD for sale via our Investment Portfolio Auction 163.

This opportunity has the following key investment highlights:

+ Three (3) year lease to RTS to 2026 with three (3) year option to 2029

+ Eight (8) year lease to 2030 with two (2) five (5) year options to 2040 to Goodyear tenant
+ RTS (Roma Truck Spares) & Pengelly Trucks and Trailers: based in Toowoomba and have expanded to Roma
+ Fixed 3% annual reviews to RTS (Roma Truck Spares)
+ The greater of CPI or 2% annual rental reviews to Goodyear tenant
+ Modern tilt slab construction, offering depreciation benefits
+ Tenants paying their portion of outgoings as per lease
+ Unique building, able to be divided into multiple units, each individually metered
+ Construction: high bay roller door access, entire site concreted, and security fenced and gated
+ Prime location with easy access to the Warrego Highway in Roma Industrial/Trade estate
+ Roma: thriving service centre for south west Queensland and home to the southern hemisphere's largest cattle sale yards
+ Estimated Net Income: $100,115 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 14 September 2023
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information

*Approx.

Property History for 63 Soutter St, Roma, QLD 4455

A timeline of how this property has performed in the market
Last Sold
$1,555,000
21 Sep 2023
Listed for Rent
$2.09k/w
02 Feb 2023
  • 21 Sep 2023
    Sold for $1,555,000
  • 14 Aug 2023
    Listed for Sale Price on Request
  • 02 Feb 2023
    Listed for Sale Not Disclosed
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About Roma 4455

The size of Roma is approximately 78 square kilometres. It has 14 parks covering nearly 1.9% of total area. The population of Roma in 2011 was 6,905 people. By 2016 the population was 6,826 showing a population decline of 1.1% in the area during that time. The predominant age group in Roma is 0-9 years. Households in Roma are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Roma work in a trades occupation. In 2011, 57.2% of the homes in Roma were owner-occupied compared with 52.4% in 2016.

Roma has 4,086 properties.

    There are currently 125 properties listed for sale, and 20 properties listed for rent in Roma on OnTheHouse. According to CoreLogic's data, 211 properties were sold in the past 12 months in Roma.

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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.