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  • For sale
Brand new 10-year lease to national tenant - #1
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Colliers is proud to offer this exceptional investment opportunity to purchase 32 Cumners Road, Torrington, a quality industrial investment backed by a national tenant covenant, Civilmart, in the expanding Toowoomba Trade Gateway!

This premium investment offers investors an opportunity to purchase a quality industrial premises with an exceptional lease covenant underpinned by ‘Civilmart Toowoomba’ on a new 10-year lease term.

Investment features include:
• 10-year lease term commencing March 2022 with options until 2062
• Net income of $142,430 per annum with 3% annual increases
• 1.938ha of land zoned ‘Medium Impact Industry’ with B-double access
• Near new 788m²* high clearance industrial shed with approximately 8,000m²* of concrete & gravel hardstand
• Double storey office block plus multiple ancillary sheds
• National tenant covenant to The Civilmart Group combines over nine Australian precast concrete brands including Tellam Civil Products, Rocla, CPC, BCP Precast, Icon Septech, CM Concrete, MC Pipes & Toowoomba Tanks.
• Located in Toowoomba’s thriving Torrington industrial precinct with easy access to the surrounding highway network via The Toowoomba Bypass.

This is your chance to acquire a quality industrial investment located within an expanding industrial precinct backed by a quality tenant covenant.

For more information or to arrange an inspection, please contact Dan Dwan or Daniel Coburn of Colliers.

*Approximately