23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350
23 Molloy Street Torrington, QLD 4350

23 Molloy Street Torrington, QLD

Sold on 20 Aug 2019

Property Type Industrial & Logistics
Asking Price Sold for $1,550,000
Floor Area 2,080 m²
Land Area 5,574 m²

Industrial Investment Opportunity - Property Owner in Liquidation

23 Molloy Street presents an investment opportunity to acquire an industrial facility in Toowoomba's prime industrial estate of Torrington. Currently occupied by PBS Specialty Coatings Pty Ltd on a three year lease expiring March 2020 with further 3 x 3 year options offering a solid investment opportunity in a great location.

- The industrial facility is improved with three industrial warehouses on a fully fenced 5,574m2* allotment.

- Warehouse One offering a total floor area of 1,200m2* including office/reception area, staff amenities and an attached warehouse.

- Warehouse Two currently used as a 'glassing shed' with a total floor area of 330m2*.

- Warehouse Three currently used a spray painting booth with a total floor area of 550m2*.

- Extensive concrete hardstand and gravel hardstand allowing for ample onsite parking and marshaling of heavy transport vehicles.

- The property is currently tenanted by PBS Specialty Coatings Pty Ltd (ACN 617 052 249) on a 3 year lease commencing 9 March 2017 with further 3 x 3 year options.

- Current Net Income of $190,000.00pa Net + GST + Outgoings.

- Located only twenty minutes from Toowoomba's CBD in a thriving industrial estate surrounded by quality businesses.

- Freehold for sale only.

For further information please contact Chris Stewart on 0451 948 001 or Julie Stewart on 0418 700 140.

Approx*.