85 Perth Street Toowoomba QLD 4350

+ Renewed 10 year lease to 2028 plus options to 2048
+ 7-Eleven: Australias number 1 convenience retailer
+ Attractive net lease with annual fixed compounding 3% rent increases
+ Full tax depreciation benefits with 50% of first year rent potentially free of income tax*
+ Freestanding retail investment, ideally positioned in a major school zone including Toowoomba Grammar School, St Josephs College, Centenary Heights High School, Rangeville State School and St Thomas Mores Primary School
+ 100% leased investment with 2 thriving retail tenancies adjoining the 7-Eleven Store, Mrs Gs Gourmet Pies and Captains Seafood 87% of income derived from 7-Eleven
+ High profile corner site on the roundabout intersection of MacKenzie Street & Kitchener Street, a major thoroughfare connecting Toowoombas south east suburbs to the CBD
+ Toowoomba: Australias second largest inland city after Canberra located 90 minutes west of Brisbane . It has a strong and diverse Gross Regional Product of $12.19 Billion and approximately $14 Billion of developments either being carried out or proposed in the region. A true gateway position at the junction of the Warrego, New England and Gore Highways which allows direct connectivity to Melbourne, Sydney, Brisbane and Darwin. Trade catchment approximately 167,657 and set for rapid growth to 200,000 by 2035.
+ Net Income: $285,613 pa + GST (as at Nov 2020)

Investment Portfolio Auction
11am AEST
Tuesday 4 August
Doltone House Hyde Park,
Sydney, NSW