133 Bridge Street North Toowoomba QLD 4350

Not only is there incredible views from the 30m2 elevated front veranda of this property, this historic and well located premises also has amazing potential and is currently showing a 7.4% net yield!!

133 Bridge Street is located close to the Toowoomba TAFE campus and provides great exposure to Bridge Street. Currently operating as an as of right use as a backpackers hostel "Place2Stay" with a little love and care this majestic property would become a showpiece of Toowoomba and at the existing income and outgoings it is showing a 7.4% net yield!

Zoned low density residential there is the potential to use the premises as a child care centre, community care club, educational establishment, healthcare services, sales office (STTRCR) or as your principal place of residence!

The property features:

- At a minimum -15 rooms that could be used as consultation rooms
- Reception area / waiting room
- Large open plan space / Boardroom
- 6 bathrooms containing a toilet and shower plenty for staff and clients
- Large kitchen (commercial style) / staff room with 2 x natural gas 6 burner cook tops and 2 associated ovens
- Potential for approx. 16 onsite car parks
- Access to the property off Partridge Street
- Potential to continue the current business
- Zoned Low Density Residential

There is an incredible uplift potential to this magnificent premises situated on an expansive 1,553m2 lot. The historic 1900's era premises with an impressive floor area of 625m2 provides plenty of space to renovate and showcase the beauty this property has to offer.

Thinking about the potential of this property? Do not wait to inspect!! A vast lot, an impressive building and within close proximity to all the Toowoomba has to offer you will be kicking yourself if you miss out on this one!

For more information or to arrange an inspection please contact Drew Camm DC Commercial today on 0432 055 250 | drew@dccommercial.com.au