Colliers Toowoomba is proud to present 136 Bridge Street, Toowoomba to the market for sale via Public Auction on Tuesday 26th of March 2024 at the Colliers Office, 171 Hume Street, Toowoomba City commencing at 5:45pm.
This prime east side tenanted investment offers a fantastic opportunity to a multitude of buyers being perfect for investors, owner occupiers and avid developers alike.
Key Features:
- Net Lettable Area of approximately 167m2
- Providing a current passing income of $45,018 gross per annum.
- The current vacancy of 45m2 provide additional income potential or an opportunity for the owner/occupier.
- Prime corner location between Hume Street and Ruthven Street, on the fringe of Toowoomba CBD
- Surplus land area providing opportunity to further develop site (subject to council approval)
Opportunity to purchase in a well sought after and tightly held suburb - don't miss your opportunity to secure this asset in one of the fastest growing regions in Australia!
Accelerating success. For more information or to arrange an inspection, please contact the exclusive marketing agents Dan Dwan or Clem Killen of Colliers Toowoomba.
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 2,353 properties. Over the last 5 years, Houses in Toowoomba City have seen a 69.70% increase in median value, while Units have seen a 42.39% increase. As at 31 July 2024:
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