If you're looking for a Commercial property that ticks all your investment boxes, then this property is most definitely worth a closer look! Located within Oakey's Central Business District, 101 Campbell Street presents the astute investor, or developer, with the opportunity to secure an exceptional office holding within the heart of the Toowoomba Region. With a population of approx. 190,000*, the Toowoomba Region is undoubtedly one of the most desirable regional markets in Queensland.
This asset offers the following key attributes:
- Long term lease inclusive of option to Queensland Government Accommodation Office on behalf of the Condamine Electoral Office
- Lettable area of 153 m2*
- Modern fit out incorporating reception, boardroom, Member's office, reception, staff work areas, Strongroom, printer room, kitchen & bathrooms
- Two street access with main street frontage
- Wheelchair access via lift
- Land area of 1,113 m2* providing for future development
- Freehold title
- Potential gross return on investment is 9.12%* excluding GST
Oakey is ideally positioned less than 30 minutes' drive* from the Toowoomba CBD, 15 minutes* from the Charlton Wellcamp Industrial Precinct and 15 minutes* from Toowoomba Wellcamp (International) Airport, the home of Qantas Pilot Training School & future home of the MQ-28 Ghost Bat fighter drone manufacturing.
Oakey is home to significant defence infrastructure, two meat processing plants, a stock feed mill and has its own gas power station delivering reliable power during periods of peak demand. A solar power plant has also been developed just outside of Oakey. Oakey could be considered the gateway to the resource rich Surat Basin with coal mining operating in the surrounding area. The planned infrastructure projects and attractive property prices provide the perfect opportunity to establish a competitive business of any scale.
Inspections by appointment only. Call Leeanne or George of Westgarth Realty on 07 4630 1161
*Approximately
