199-203 Bridge Street, Oakey, QLD 4401

8.47% Return - Regional Industrial Investment with Longstanding Tenant!

Colliers Toowoomba are pleased to present 199-203 Bridge Street, Oakey to the market for sale.

Located less than 30 minutes West of the Toowoomba CBD, this 7,083m2 industrial block with 3 street frontage has a longstanding tenant covenant to FieldQuip for the past 19 Years, a subsidiary of Multinational 'Alamo Group Inc' (NYSE: ALG).

OVERVIEW:
- Net Income = $196,950 per annum plus GST
- 5 year lease term expiring 2027 + 5 Year option
- Tenant pays 100% of outgoings
- 7,083m2* Allotment over 5 titles zoned 'Medium Impact Industry'
- 2,017m2* Warehousing over 4 buildings with 2x3 Tonne gantry cranes & 3 phase power
- 178m2* of functional office featuring reception, individual offices, boardroom, lunchroom
& amenities with air-conditioning throughout
- Close proximity to quality national & local businesses Black Toyota, Riverina Stockfeeds &
Oakey Beef Exports

LOCATION:
Oakey is ideally positioned less than 30 minutes' drive from the Toowoomba CBD, 20 minutes from Wellcamp Airport and 10 minutes from the Charlton Wellcamp Industrial Precinct.

With limited industrial investment options across South East Queensland – don't miss your opportunity to secure this strongly performing asset!

Accelerating Success. For more information or to arrange an inspection, please contact the exclusive marketing agent Mike Turley of Colliers Toowoomba

* approx