SOLD
Sold on 27 Sep 2024 for $1,100,000

198-202 Margaret Street
Toowoomba City QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 185m2
Land area: 235m2
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Property Details for 198-202 Margaret St, Toowoomba City

Building Type
Commercial
Floor Size
185m2
Land Size
235m2
Local Government
Toowoomba Regional
Lot/Plan
2/RP96455

Last Listing description (December 2021)

Situated close to the main intersection of Toowoomba's CBD on Margaret St and Ruthven St
with consistent foot and car traffic it provides a space that is nearly unmatched in exposure for signage in the Toowoomba CBD.


These 38sqm* - 60sqm* tenancy's can be tailor-made to suit your needs either retail or food operators.

- Incentive of 50% Rental Discount in Year 1
- 31sqm* - 60sqm* sized tenancy's
- Double width glass shopfront for total retail display
- High volume pedestrian & Vehicle traffic
- Once fully leased the building will be painted

For further information contact Claude Wilshire on 0427 715 322 cwilshire@ljht.com.au or Chris Stewart on 0451 948 001 cstewart@ljht.com.au

*Approx
**based on first year starting rental subject to negotiations

Property History for 198-202 Margaret St, Toowoomba City, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$1,100,000
27 Sep 2024
Listed for Rent
$383/w
03 Feb 2022
  • 27 Sep 2024
    Sold for $1,100,000
  • 02 Oct 2019
    Listed for Rent - Price not available
  • 11 Jun 2019
    Listed for Rent - Price not available
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About Toowoomba City 4350

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 2,356 properties. Over the last 5 years, Houses in Toowoomba City have seen a 77.11% increase in median value, while Units have seen a 72.57% increase. As at 31 October 2024:

  • The median value for Houses in Toowoomba City is $602,314 while the median value for Units is $461,135.
  • Houses have a median rent of $493 while Units have a median rent of $350.
There are currently 26 properties listed for sale, and 114 properties listed for rent in Toowoomba city on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Toowoomba city.

Suburb Insights for Toowoomba City 4350

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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.