Drew Camm

It has been a very crazy and exciting 3 months for the Drew Camm Commercial Team.

We have sold $7.4 million worth of Commercial Property in the Toowoomba Area with another few million in the pipeline, this we could not have done without the trust and support from our owners and clients.

Congratulations to all involved with these sales!

We have some exciting new properties that have just hit the market, so be sure to check them out and let us know your thoughts!

https://www.facebook.com/drewcammcommercial/videos/605212639827655/

Situated on the corner of Russell and Ruthven Streets (a major intersection in Toowoomba) 368 Ruthven Street offers an exciting investment opportunity.

The property boasts two levels with a net lettable area of 1,739m2 and is situated within the Railyard Priority Development area, allowing the opportunity to develop the site to a height of 8 storeys.

The ground floor of the building consists of 1,026m2 and has a current lease in place until 2023 presenting the property with a 4.7% net yield.  The first floor, 713m2, is ready to lease and can only increase your rate of return, presenting a tremendous upside to this building.

The growth of the Toowoomba market continues to rise! Adding this property will become and exiting addition to your portfolio.

368 Ruthven Street - For Sale $3,980,000

Located in Wilkinson Street, just off North Street and 1.4km from the new Northlands Shopping Centre, this property is currently tenanted to Toxfree an ASX listed company with over 80 locations nationally. 

The property features:

•  Net income of $90,000 + Outgoings + GST with fixed increases. Lease expires in Feb 2021

•  3,675m2 block with dual street access on Jones and Wilkinson Street

•  150m2 air conditioned offices and reception area, 1,000m2 industrial sheds and workshop area

•  850m2 concrete hardstand area with a weighbridge facility on site.

•  Zoned Medium Impact Industry.

•  Close proximity to Mort Street and the Toowoomba Second Range Crossing.

5 Wilkinson Street - For Sale $1,075,000

Suite 11 & 12 comprises of 358m2 on the second level of Toowoomba Central Plaza in the centre of Toowoomba’s CBD.

Currently leased by a State Government agency until August 2019, the owner has agreed to another 2 year lease guarantee until 2021.

The Plaza boasts a 4 ½ star hotel and residential apartments, offering fantastic secure parking facilities and is compliant for NDIS services.

This is an excellent opportunity for investors looking for a solid commercial property with a strong anticipated capital growth.

Suite 11 & 12 / 532 Ruthven Street - For Sale $1,400,000