5/12 Prescott Street, Toowoomba City, QLD 4350 | Commercial for sale | OnTheHouse
 
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5/12 Prescott Street
Toowoomba City QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 616m2
Land area: 616m2
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Secure a Tier-One Investment with Prime Exposure - Fully Leased Commercial Asset in Toowoomba's Premium Retail Zone

Unit 5/12 Prescott Street offers an outstanding chance to acquire a high-quality, high-performing commercial investment in the heart of Toowoomba's CBD fringe. This 613sqm* building is securely leased until 31 December 2030, with a further 5-year option, providing stable returns and long-term income certainty for the savvy investor. Located in a tightly held and sought-after precinct, this property combines excellent rental performance with built-in future upside.
The property has undergone key upgrades, including a new air-conditioning system, LED lighting and a modern communication switchboard, ensuring minimal capital expenditure for incoming owners. The functional layout includes a welcoming front showroom and reception, a large open-plan workspace and rear storage with roller door access, making it suitable for a wide array of commercial or retail applications. Mixed Use zoning supports flexibility, and the tenant benefits from both on-site parking and excellent nearby facilities.
Situated within a thriving complex of complementary tenancies and surrounded by major arterial access points, the property enjoys high traffic exposure, significant signage opportunities and an address in one of Toowoomba's most active commercial corridors. With strong leasing fundamentals already in place, this asset represents a truly compelling, future-proof addition to any commercial portfolio.
• Leased to December 2030 with 5-Year Option - Secure long-term income stream with quality tenant in place
• Recent Capital Upgrades - Includes new air-conditioning, LED lighting and switchboard - reducing future maintenance risk
• Premium CBD Fringe Location - Located in one of Toowoomba's most recognised and accessible commercial zones
• On-Site Customer Parking - Convenient access for staff and clients in a busy precinct
• Mixed Use Zoning - Supports retail, office, or bulky goods use - ideal for tenant retention and re-leasing flexibility
• Functional Layout - Front showroom, open plan work area and rear storage with roller door access
• Excellent Signage & Exposure - Positioned on a high-traffic street with strong visual presence
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Property Details for 5/12 Prescott St, Toowoomba City

Building Type
Commercial
Floor Size
616m2
Land Size
616m2
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About Toowoomba City 4350

The size of Toowoomba City is approximately 2.7 square kilometres. It has 9 parks covering nearly 3.8% of total area. The population of Toowoomba City in 2016 was 2088 people. By 2021 the population was 2321 showing a population growth of 11.2% in the area during that time. The predominant age group in Toowoomba City is 20-29 years. Households in Toowoomba City are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Toowoomba City work in a professional occupation.In 2021, 36.20% of the homes in Toowoomba City were owner-occupied compared with 34.40% in 2016.

Toowoomba City has 2,410 properties. Over the last 5 years, Houses in Toowoomba City have seen a 118.32% increase in median value, while Units have seen a 78.16% increase. As at 30 November 2025:

  • The median value for Houses in Toowoomba City is $776,105 while the median value for Units is $526,015.
  • Houses have a median rent of $500 while Units have a median rent of $395.
There are currently 20 properties listed for sale, and 128 properties listed for rent in Toowoomba city on OnTheHouse. According to Cotality's data, 110 properties were sold in the past 12 months in Toowoomba city.

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Peter Marks
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Brian Doyle
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Ray White Commercial Toowoomba
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