Strong Investment Opportunity Warwick - Scenic Rim South QLD
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5/40-42 Albion Street, Warwick QLD 4370

Expression of Interest

RetailSize: n/a
Block size: 112 m² approx.
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.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Shane Kennett to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Retail
Block Size:
112 *

Other Details

Lot:
5
Plan Type:
SP
Plan:
144654
Legal description:
5/SP144654
LJ Hooker Toowoomba

Maps and area information

Block information
Block size: 112 (approx)
Legal description: 5/SP144654
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Property history

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See Warwick's suburb profile

Warwick suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
47 years
Population
12,294
Listing ID: 182356211. This listing has been viewed 3 times. It was first displayed on 07/03/2024 and last updated on 12/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.