32 Cumner Road Torrington QLD 4350

Burgess Rawson are pleased to offer to the market 32 Cumner Road, Torrington (Toowoomba) QLD for sale via Portfolio Auction 172.

The property has the following investment highlights:

+ Ten (10) year lease through to 2032
+ Six (6) further five (5) year options to 2062
+ Civilmart Group: Australia's largest manufacturer of concrete pipes and precast products in Australia. It's extensive distribution network is Australia-wide, and controls 24 manufacturing facilities nationally.
+ Fixed 3% annual rent increases, assuring growth
+ 100% of outgoings recoverable from tenant as per lease
+ Substantial 1.938 hectare* landholding with favourable 'Medium Impact Industry' zoning & B-double access
+ As new 788sqm* high-clearance industrial shed with 390sqm* of adjoining improvements sitting atop approximately 8,000sqm* of concrete & gravel hardstand
+ Strategically located in Toowoomba's thriving Torrington industrial precinct with convenient access to major transportation routes & arterial roadways including the Warrego Highway & the Toowoomba Bypass
+ Toowoomba Region: the western gateway to the $280 billion south east Queensland economy, with population forecast to exceed 204,000 people by 2041
+ QLD's 6th largest region by population, the Toowoomba Region generates $11.63 billion in Gross Regional Product (GRP) with an estimated 90,183 jobs in the area
+ Net Income: $150,375 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 31 October 2024
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.