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5/40-42 Albion Street
Warwick QLD 4370
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Sold on 2 Apr 2024

5/40-42 Albion Street Warwick QLD 4370

  • Shop & Retail
  • 112 m²
  • Sold

Strong Investment Opportunity Warwick - Scenic Rim South QLD

  • Leased to Pizza Hut
  • 5 Year lease expiring Novemnber 2028
  • Annual net income of $23,194.63 plus GST

This investment Unit is situated on the corner of Albion and Fitzroy Streets and is part of a retail complex. Albion Street (Cuningham Highway) is a four-lane carriageway and is the main traffic route through Warwick.

It has prominent exposure to both traffic routes and has a total glass front.
The Unit is fitted out to suit the tenant who operates a Pizza Hut franchise.

A new five-year lease commenced on 1 December 2023 at an annual net income of $23,194.63 plus GST. Two by five-year options are available and the annual rent reviews are fixed at 4%.

Investment properties of this size are not readily available and it offers a good opportunity for an investor to enter the commercial market.

For more information please contact Shane Kennett or Matthew Keeley from LJ Hooker Commercial Toowoomba.

LJ Hooker Toowoomba
LJ Hooker Toowoomba
677-683 Ruthven Street
Toowoomba, QLD 4350

Property Highlights

Date Sold2 Apr 2024
Floor Area112 m²
Land Area112 m²
ParkingAsk Agent
Property ID2019101790
Category
Last updated  27 May 2024
Map for 5/40-42 Albion Street Warwick QLD 4370
LJ Hooker Toowoomba
LJ Hooker Toowoomba
677-683 Ruthven Street
Toowoomba, QLD 4350

Property Highlights

Date Sold2 Apr 2024
Floor Area112 m²
Land Area112 m²
ParkingAsk Agent
Property ID2019101790
Category
Last updated  27 May 2024

Co-Agents

Matthew Keeley
Matthew Keeley
LJ Hooker Toowoomba
Call
0437720885

More about 5/40-42 Albion Street Warwick QLD 4370

5/40-42 Albion Street Warwick QLD 4370 is categorized as Shop & Retail Property. It has a floor area of 112 m² and a land area of 112 m². The listing ID for this property is 2019101790.

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