Sold
122 Russell Street,
Toowoomba City 4350, Queensland
Price withheld
Property details
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Agents
Premium CBD Fringe Asset with Strong Holding Income to February 2027 - Secure, Prepare and Position for Long-Term Success
122 Russell Street now presents an enhanced opportunity for buyers seeking both quality improvements and income certainty. With the existing tenant exercising their option, the property is now leased to February 2027, delivering a robust net annual income of $89,710.00 + Outgoings + GST. This holding income provides financial stability while offering the time and flexibility to prepare for occupation, reposition the asset or secure an incoming tenant for continued investment performance.
The improvements remain a standout. Positioned on 807sqm* of land with a well-designed 284sqm* building, the property is fitted with tier-one digital and operational infrastructure including fibre-to-the-premises, a hardwired automatic backup generator, dedicated server room and a 13.2kW solar system. The internal configuration supports up to 17 staff, offering a blend of open-plan and private spaces, a professional reception, boardroom and high-quality amenities that suit professional services, technology groups and operationally intensive users.
Located on Toowoomba's CBD fringe, the site delivers exceptional visibility, signage opportunities and 11 secure on-site car parks. Its position just minutes from Grand Central and major services enhances day-to-day operational convenience and long-term strategic appeal. Whether intended for future owner occupation or as a high-yield commercial holding, 122 Russell Street offers security now and opportunity ahead.
• Leased to February 2027 returning $89,710.00p.a. Nett + Outs + GST
• Ideal for future occupation with secure holding income supporting planning and preparation
• Opportunity to retain as an investment and secure a new long-term tenant prior to February 2027
• Tier-one connectivity with fibre-to-the-premises and dedicated server room
• Hardwired automatic backup generator and 13.2kW solar system ensuring operational resilience
• Modern office layout supporting up to 17 staff with boardroom, reception and quality amenities
• High-exposure CBD fringe location with exceptional signage opportunities
• 11 secure on-site car parks on title, a major advantage for staff and clients
* Approximately
The improvements remain a standout. Positioned on 807sqm* of land with a well-designed 284sqm* building, the property is fitted with tier-one digital and operational infrastructure including fibre-to-the-premises, a hardwired automatic backup generator, dedicated server room and a 13.2kW solar system. The internal configuration supports up to 17 staff, offering a blend of open-plan and private spaces, a professional reception, boardroom and high-quality amenities that suit professional services, technology groups and operationally intensive users.
Located on Toowoomba's CBD fringe, the site delivers exceptional visibility, signage opportunities and 11 secure on-site car parks. Its position just minutes from Grand Central and major services enhances day-to-day operational convenience and long-term strategic appeal. Whether intended for future owner occupation or as a high-yield commercial holding, 122 Russell Street offers security now and opportunity ahead.
• Leased to February 2027 returning $89,710.00p.a. Nett + Outs + GST
• Ideal for future occupation with secure holding income supporting planning and preparation
• Opportunity to retain as an investment and secure a new long-term tenant prior to February 2027
• Tier-one connectivity with fibre-to-the-premises and dedicated server room
• Hardwired automatic backup generator and 13.2kW solar system ensuring operational resilience
• Modern office layout supporting up to 17 staff with boardroom, reception and quality amenities
• High-exposure CBD fringe location with exceptional signage opportunities
• 11 secure on-site car parks on title, a major advantage for staff and clients
* Approximately
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Contact Brian Doyle
Contact Brian Doyle
Brian Doyle
122 Russell Street, Toowoomba City QLD 4350
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Brian Doyle
122 Russell Street, Toowoomba City QLD 4350