245 Margaret Street is situated in one of the most popular locations in Toowoomba’s CBD, directly opposite the recently redeveloped $1 Billion Grand Central Shopping Centre. Constructed in 1905 by prominent Toowoomba architectural firm, J Marks and Son, the property has significant heritage appeal and is an iconic part of the Toowoomba CBD. There is a diverse range of tenants currently in place with established businesses spread across 7 separate tenancies.

The property benefits from approximately 22m of frontage to Margaret Street and rear lane access via Insurance Lane where you’ll find 8 onsite car parks.

Boasting over 540 sqm. of net lettable floor area and sitting on 819 sqm. of land in the Regional Centre zoning of the main retail CBD precinct.

This building is fully leased producing over $150,000 in annual income and offers an astute investor a secure, diversified investment with significant growth potential.

Features include:
- Prime location across from the recently redeveloped Grand Central
- Significant heritage appeal (constructed in 1905)
- Diverse range of tenants in place
- Large Margaret Street frontage plus rear lane access
- 8 onsite car parks
- 540 sqm. of net lettable floor area
- 819 sqm. site
- Regional Centre zoning

To arrange an inspection or learn more please contact Leon Carlile on 0418 795 484.

An Information Memorandum is available for serious purchasers upon request.