Burgess Rawson are pleased to offer to the market 32 Cumner Road, Torrington (Toowoomba) QLD for sale via Portfolio Auction 172. The property has the following investment highlights: + Ten (10) year lease through to 2032 + Six (6) further five (5) year options to 2062 + Civilmart Group: Australia's largest manufacturer of concrete pipes and precast products in Australia. It's extensive distribution network is Australia-wide, and controls 24 manufacturing facilities nationally + Fixed 3% annual rent increases, assuring growth + 100% of outgoings recoverable from tenant as per lease + Substantial 1.938 hectare* landholding with favourable ‘Medium Impact Industry’ zoning & B-double access + As new 788sqm* high-clearance industrial shed with 390sqm* of adjoining improvements sitting atop approximately 8,000sqm* of concrete & gravel hardstand + Strategically located in Toowoomba’s thriving Torrington industrial precinct with convenient access to major transportation routes & arterial roadways including the Warrego Highway & the Toowoomba Bypass + Toowoomba Region: the western gateway to the $280 billion south east Queensland economy, with population forecast to exceed 204,000 people by 2041 + QLD’s 6th largest region by population, the Toowoomba Region generates $11.63 billion in Gross Regional Product (GRP) with an estimated 90,183 jobs in the area + Net Income: $150,375 pa* + GST For Sale by Investment Portfolio Auction 10:30am AEST Thursday 31 October 2024 The Hilton, Brisbane Please contact the exclusively appointed Burgess Rawson team for more information. *Approx.
Burgess Rawson - Brisbane
Level 13, 241 Adelaide Street, Brisbane-City, Qld
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street, Melbourne, Vic