HIGH EXPOSURE FREEHOLD INVESTMENT WITH MAJOR DEVELOPMENT UPSIDE
Colliers International Toowoomba are pleased to offer “James Neil Medical”, 177 James Street, Toowoomba to market for Sale via Expressions of Interest closing 21 November at 4pm.
Located with exceptional exposure to the Warrego Highway being located on the corner of James and Neil Street Toowoomba, this rare opportunity offers an outstanding investment opportunity with the combined value add potential for the future development of the site.
Features include:
- Strong holding income with an estimate of $386,071 net per annum
- 901 m2* net lettable area over two levels
- 14 Individual tenancies leased to 11 secured tenants
- 34 Exclusive use car parks and off-street parking available
- Large land area of 2,856m2* corner allotment with 2 titles
- Massive exposure on a main arterial road
- Suitable for a multitude of developments options including commercial, retail, hotel/motel and fast food (STCA).
Anchored by ‘The People First Health Group’, the iconic property operates 7 days a week and offers a general medical practice, pathology and X-Ray services, allied health & an onsite pharmacy.
Suitable for investors, future owner occupier or developers, this site presents a rare & outstanding opportunity on the fringe of Toowoomba’s Central Business District.
Accelerating Success. For more information, contact Dan Dwan or Rebecca Steinmuller of Colliers International Toowoomba.
* Areas are approximate
* STCA — Subject to Council Approval
Remember to mention you found this property on DevelopmentReady
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