9 Holt DriveTorrington QLD 4350
Property Details for 9 Holt Dr, Torrington
Last Listing description (July 2023)
LJ Hooker Commercial Toowoomba and Commercial Southwest QLD and are proud to present to the market on behalf of our valued client this outstanding investment opportunity at 9 Holt Drive, Torrington.
A substantial freehold industrial investment with a strong tenant in place and 2 years to remain on the current lease. The fundamentals of this property makes it a sought-after asset in what is the tightest industrial market the Toowoomba region has seen in 10+ Years.
Key Features:
- 5,596m of Medium Impact Land with 1,600m* of Warehousing and office.
- 2 Years remaining of the current lease
- Annual Net Income of $186,669.84
- Tenant pays 100% of Outgoings
- Metal Clad Construction 7m internal height
- Roller door access to warehouse from Concrete Hardstand/Carpark
This asset presents the perfect opportunity for an astute investor or owner occupier to solidify their position in one of the most buoyant industrial markets in QLD.
For more information, please call the Exclusive Marketing Agents, Mike Stewart or Chris Stewart of L J Hooker Commercial Toowoomba and Southwest QLD
*approx.
Property History for 9 Holt Dr, Torrington, QLD 4350
- 06 Dec 2022Sold for $2,600,000
- 28 Oct 2022Listed for Sale Under Offer
- 20 Jun 2018Sold for $1,550,000
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0About Torrington 4350
The size of Torrington is approximately 7.8 square kilometres. It has 3 parks covering nearly 1.2% of total area. The population of Torrington in 2011 was 879 people. By 2016 the population was 878 showing a population decline of 0.1% in the area during that time. The predominant age group in Torrington is 50-59 years. Households in Torrington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Torrington work in a trades occupation. In 2011, 89.3% of the homes in Torrington were owner-occupied compared with 89.6% in 2016.
Torrington has 909 properties. Over the last 5 years, Houses in Torrington have seen a 68.07% increase in median value. As at 31 October 2024:
- The median value for Houses in Torrington is $879,670 while the median value for Units is $446,961.
- Houses have a median rent of $433.
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