109 Neil Street, Toowoomba City, Qld 4350

Colliers Toowoomba are proud to present this premium tenanted investment opportunity at 109 Neil Street, Toowoomba to the sales market via Expressions of Interest closing Thursday 6th March 2024 at 4pm.

This exceptional investment opportunity is currently occupied by Suncorp Corporate Services Pty Ltd a wholly owned subsidiary company of Suncorp Group Ltd (ASX:SUN), generating an impressive net annual return of $599,477.05. With lease options extending until 2034, this asset offers long-term stability for investors seeking consistent returns.

Thoughtfully designed to meet the needs of contemporary business, the property features an A-class office space comprising 1,409m² of net lettable area. The space features a combination of open-plan workspaces, private offices, meeting and training rooms, well-appointed boardrooms and high-quality amenities. Additionally, the building is further enhanced with 44 secure, on-grade and basement car parking spaces.

At a Glance: 
- Occupied by Suncorp Corporate Services with options extending until 2034
- Currently achieving $599,477.05 net per annum
- 1,409m² (NLA) of high-end office space
- Distinguished by impeccable 'A' Class design and presentation 
- Equipped with open office and reception areas, boardrooms, private meeting rooms, kitchen and amenities 
- Offering 44 on-grade and basement car parking spaces.

Zoned Mixed Use, there is also significant opportunity to expand the existing building, with development potential up to six storeys!

Situated on a significant 2,163m² site, in the vibrant Toowoomba CBD, this site holds considerable long-term potential for capital appreciation and further diversification, making it an attractive prospect for future development.

For more information, or to arrange an inspection, please contact Dan Dwan of Colliers Toowoomba. 

Accelerating success.