Key highlights include: • Centrepoint is a 7,406sqm format retail centre 100% leased to eight tenants • National and Chain traders secure 71.5% of lettable area and 73% of gross income including Pillow Talk, Choices Flooring, Totally Workwear and Prices Plus • The Centre is in a high exposure location adjacent to the Toowoomba CBD and features three street frontages • The 11,730sqm site features a flexible “Mixed-Use” zoning which allows for a range of uses including Retail, Business, Service Industry, Residential and Low Impact Industrial • The Centre has an attractive rental growth profile with all tenancies featuring fixed annual rental increases of between 2.5% and 3.5% • The Toowoomba Region population is forecast to grow circa 16.2% from 181,821 residents (2023) to over 211,400 residents by 2046 • Net Income: $1,217,492p.a. Note: All areas, distances, amounts and measurements referenced above are approximate only and not to be relied upon. Sources: Toowoomba Region, ABS and QLD Government Statistician’s Office, Toowoomba Regional Council and .idcommunity For Sale by Private Negotiation.
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Property ID: 504673012