SUBURBAN SHOPPING CENTRE INVESTMENT
Wyalla Plaza Shopping Centre, Lot 4 & 5 Taylor Street Newtown QLD
Attributes and Features
|Building Area||3997 sqm|
|Land Area||14028 sqm|
|Parking||Ample onsite parking is provided for 172 vehicles|
|Last Updated||Dec 14, 2016|
Expressions of Interest – Fully leased shopping centre with upside!
Prominently exposed on one of Toowoomba’s main roads, Taylor Street, is this rare opportunity to secure a convenience based retail Shopping Centre, Wyalla Plaza!
Property features include:
• Strong trading Toowoomba shopping centre
• Solid net income of $1,150,000pa + all outgoings + GST
• 3,997m2 of lettable area spread over 6 buildings on a 14,028sqm allotment
• Ample onsite parking is provided for 172 vehicles
• 100% tenanted with a diverse tenancy mix with a range of service and retail tenants
• Fantastic location servicing the Wilsonton Industrial Estate and the high growth area of Glenvale
• Prominent site area with significant exposure to Taylor Street
• Three street frontage with entry and exit from each
• Future development upside and rental growth assured
The Toowoomba market continues to strengthen and is a largely recognised ‘Hot Spot’ for property investment and continues to become even more appetising with major developments such as the Brisbane West Wellcamp Airport. Toowoomba is the gateway for economic growth to the Surat Basin energy resources and the rich farming grounds of the Darling Downs.
For further information or to arrange an inspection please contact Cushman & Wakefield.