216 Margaret Street Toowoomba City QLD 4350

LJ Hooker Commercial Toowoomba and McAdam & Turnbull Realty are pleased to present to the market 216 Margaret Street Toowoomba City. Being offered to the market for the first time in over 30 years, this freehold CBD property provides a rare opportunity to secure a highly appealing investment with future upside.

Features include:
- 991sqm* corner site adjacent to major retail centre
- 1,612sqm* NLA anchored by a 921sqm* Suncorp tenancy to 2026
- Passing Gross Income of $303,926 per annum with scope for rental reversion and income growth
- Zoned Principal Centre supporting an array of future uses & the potential to create a development project of up to 10 levels (STCA)
- 12 secure basement carparks
- Recent Cap Ex includes new mechanical throughout

For Sale via Expressions of Interest closing 16th March 2023 at 4pm.

For further details please contact the exclusive agents Justin Eastwell of LJ Hooker Commercial Toowoomba or Lachlan Evans of McAdam & Turnbull Realty.