Our instructions are clear! Ignore previous price guides, this property will be SOLD at auction. Our sellers' circumstances have changed, and other opportunities bring about the sale of this well-located development opportunity with holding income!
Colliers Toowoomba proudly present to the sale market via Public Auction, Friday 16th June 2023 at 10am.
Situated on a corner allotment that connects Herries Street and Prescott Street, 182-184 Herries Street in Toowoomba City holds a prime location within a retail and light industrial precinct. This property offers convenient access and great visibility for both tenants and owner-occupiers. Located within close proximity to Grand Central Shopping Centre and the CBD, the property presents numerous development possibilities for retail, office, showroom or residential opportunities (subject to council approval).
At a Glance:
- Prime 1,071m²* corner block zoned 'Mixed Use' within the West Creek Precinct
- Short term lease to Secure Parking providing holding income
- Existing improvements include 175m²* high clearance warehouse with plenty of hardstand or parking
- Excellent exposure with 2 street frontages to Herries and Prescott Streets
- CBD fringe location in a thriving commercial precinct with 6-storey height potential
- Surrounding reputable businesses including Repco, Clark Rubber, Solomons Flooring and Wippells Auto
- Walking distance to Grand Central Shopping Centre
Don't miss this rare opportunity to secure a commanding Toowoomba City corner.
Our vendor is extremely motivated, and this property must be sold at Auction
For more information or to arrange an inspection, please contact Gillian Ross or Dan Dwan of Colliers Toowoomba.
*Approx.
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