- 3 tenancies including Bunning Wholesale Trade
- Land Area: 23,022m* on two titles
- Current Gross Annual Income $311,997.00 + GST
- Outgoings apportioned & percentage paid by the anchor Tenant
- Large area for future development – plans available
- Features drive-through facility with two street access
- Inspection recommended by appointment

*approx.

Property Overview:
This property in Toowoomba’s premier industrial estate of Wilsonton is on two titles with a total land area of 23,022m.

The larger of the two titles of 20,440m has a 100.6m frontage to Taylor Street which is the most recognizable street name within the estate.

The smaller of the two titles with a land component of 2,591m has frontage to Rocla Court.

Bunning Trade lease a building of 1,952m on a total land area of 6,501m.

Extensive concrete hardstand has been provided at the front for customer parking, drive through at the western side and for external racking at the rear of the building.

Bunnings Lease commitment is for 5 years from 23/06/2008 with 5 x 5 year options.

1st year rental is $170,000.00 per annum + GST and with a contribution of 28% towards property outgoings.

Two tenancies occupy the 580m (approximately) eastern side building.

As per the Owner’s request, both tenancies of Toowoomba Machinery Wholesalers and Hydraulink are month to month tenancies.

Toowoomba Machinery Wholesalers pay a rental of $82,727.00 + GST per annum while Hydraulink pay $30,000.00 + GST per annum.

The land area at the rear of the sheds has been excavated in the preparation for future shed development with provision for storm water drainage to the storm water easement that is positioned across the rear of the Rocla Court property.

The owner has provided a preliminary development plan that allows demolition of the 580m existing eastern side building and construction of 5x 1,200m concrete tilt panel buildings with large concrete hardstand area to facilitate truck maneuvering.

For further information please contact:

Craig Bradley on 0488 075 167
Gordon Bradley on 0418 718 958