55 Carrington Road, Toowoomba (Melb A128)
Auction: Tuesday, 14 May 2019
Description
Brand new 5 year lease with 5 year option to 2029 Annual 3% increases assuring rental growth High exposure corner site with 124 metre dual frontage Leased to the Wideland group, a major truck and agricultural machinery dealership in multiple locations throughout QLD and NSW Less than 5km?s to the new Toowoomba Wellcamp International Airport Tenant pays all usual outgoings Modern freestanding building and display yard on 4,138 sqm site Low 16% site coverage Toowoomba: Population of 166,000+ (ABS 2016) is benefiting from massive local infrastructure investment including new airport and rail/road links to Brisbane Net Income: $200,000 pa (May 2019) Auction 11am AEST Wednesday 15 May 2019 River Room, Crown Casino, Melbourne
