Prime Commercial Investment: Dual-Tenancy Main Street Asset

Total Annual Income: $49,669.75 + GST

An exceptional commercial investment opportunity is now available in the heart of the progressive Pittsworth township. Located within an easy 35-minute drive from Toowoomba City and just 2 hours from Brisbane, this property offers a secure, dual-tenanted passive income stream with strong regional growth upside.

Property Profile & Features
• High-Exposure Corner Position: Situated in the absolute hub of the main street, the property enjoys prominent corner exposure, maximum signage visibility, and dual-street accessibility.
• The "Fortress" Advantage: Formerly a bank, this solid brick building boasts superior structural integrity. A standout feature is the original walk-in strong room, providing a massive bonus for secure document or asset storage.
• Modern Office Fit-Out: Meticulously renovated to accommodate multiple modern office spaces. The layout includes a welcoming reception/waiting area, staff lunchroom/kitchen, and full amenities.
• Logistics & Parking: Features dedicated bitumen staff and customer parking at the rear of the building (including a private carport), complemented by convenient public street parking bays along the main street.

Secure Dual-Tenancy Schedule

Tenant 1: Annie's House Pty Ltd - Professional Office (Majority Space)
• Current Rental: $40,170 per annum + GST
• Lease Term:
Start date: 9 September 2024;
Expiry date: 8th September 2032
• Options: 2 x 3 years

• Reviews: Annual review approaching 9 September at the greater of CPI or 3%. Market review applies at the exercise of further terms.
Ratchet clause included - during a rent review, the rent can increase but cannot decrease below the current passing rent,

• Outgoings: 100% Tenant responsible (including Council rates, water, insurance, cleaning, and fire services).
• Maintenance: Tenant responsible for air conditioning maintenance.

Tenant 2: National Australia Bank (NAB) ATM
• Current Rental: $9,499.75 per annum +GST
• Lease Term:
Start date: 1 August 2024
Expiry date: 31 July 2027
• Options: 2 x 2 years
• Reviews: Annual CPI increase.

Location & Economic Resilience
The Pittsworth Advantage
Situated on Queensland's famous Darling Downs, Pittsworth is backed by a wealthy agricultural and industrial economy. The region is renowned for its highly fertile farmlands-driving substantial output in grain, cotton, beef, pork, lamb, and poultry-alongside a robust industrial hub anchored by national brands like Moore Trailers and Pittsworth Confectionery.

Strategic Growth Belt
With a stable district population of approximately 6,000 residents, Pittsworth seamlessly blends a thriving rural lifestyle with commercial resilience. Its close proximity to Toowoomba allows the township to capture the economic overflow benefits of one of Australia's fastest-growing inland cities, without the steep price tag of metropolitan commercial real estate.
As local newcomers consistently attest, Pittsworth is an exceptional community to live, work, and invest in.

Expressions of Interest close Thursday 9 July, 4pm.

An Information Memorandum (IM) is available upon request. Call the selling agent Kathy Hohns today to secure this low-risk, high-yield addition to your commercial portfolio. 0417 197 746

Explore the area

School catchments

Pittsworth State School Primary Prep-6 Government 0.31km
St Stephen's School Primary Prep-6 Catholic 0.43km
Pittsworth State High School Secondary 7-12 Government 1.3km
Southbrook Central State School Primary Prep-6 Government 8.0km
Mount Tyson State School Primary Prep-6 Government 16.9km
Brookstead State School Primary Prep-6 Government 18.7km
Biddeston State School Primary Prep-6 Government 19.0km
Ming-De International School Toowoomba Combined 1-7 Independent 22.4km
Wyreema State School Primary Prep-6 Government 22.6km
Cambooya State School Primary Prep-6 Government 22.9km
Bunker's Hill State School Primary Prep-6 Government 23.0km
Back Plains State School Primary Prep-6 Government 24.6km
Vale View State School Primary Prep-6 Government 26.6km
Wellcamp State School Primary Prep-6 Government 27.9km
Greenmount State School Primary Prep-6 Government 28.0km
St Francis Catholic College, Westbrook Combined Catholic 28.6km
Oakey State High School Secondary 7-12 Government 31.3km
Darling Downs Adventist College Combined Prep-12 Independent 31.3km
Concordia Lutheran College Combined Prep-12 Independent 33.1km
Harristown State High School Secondary 7-12 Government 33.3km
Queensland Pathways State College - Toowoomba Campus Secondary Government 33.4km
Highlands Christian College Combined Prep-12 Independent 33.7km
The Glennie School Combined Prep-12 Independent 34.3km
OneSchool Global QLD - Toowoomba Combined Independent 34.3km
Wilsonton State High School Secondary 7-12 Government 34.8km
St Mary's College Combined 5-12 Catholic 34.9km
St Ursula's College Secondary 7-12 Catholic 35.0km
St Saviour's College Secondary 7-12 Catholic 35.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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