34 Neil Street

Toowoomba City QLD 4350

Features Include:
389m of Net Lettable Area (NLA)* across two established tenancies
Ability to subdivide to 5 individual tenancies
Land area of 405m*, zoned Principal Centre
Net passing income of $34,339 per annum* with the capability for significant growth
Established trading history with long-standing tenants: Boss Creations Hair Salon and E Attar Middle Eastern Grill
Convenient location within walking distance to the CBD and ample off-street parking
Tenancy 1: 24m* retail space, currently operating as a hair salon, offering a neat and tidy layout
Tenancy 2: 364m* with a fully equipped restaurant, commercial kitchen, and two spacious dining areas. This tenancy boasts expansive window frontage Bell Street, providing abundant natural light
Development potential: Zoned for up to 8 storeys, offering future development opportunities (STCA) with stunning views over the iconic Queens Park and Toowoomba CBD

This property presents an exceptional opportunity for the astute investor, offering a central location with excellent connectivity. The flexibility in lease terms, established income, and versatile layout make it a rare find in today's market.

Don't miss out on this unique investment with both immediate returns and significant development upside.

For more information or to arrange a private inspection please contact exclusive agent Chris Stewart of LJ Hooker Commercial.

*Approx.
** Subject to Council Approval.