LJ Hooker Commercial are pleased to present to the market for lease, 102-104 Hill Street, Newtown, a strategically positioned retail complex ready for occupation by the eventual tenant.
Operating as an IGA franchise for the past 10+ years, the opportunity presents itself for a new business to come into an existing marketplace with market share ripe for the taking.
The reduction in capital costs means a business can focus on the branding and exposure with the vacant 755m2 space suitable for a supermarket with an existing fit out complete with fridges, freezes, cool rooms, and deli already in place.
Features Include:
- 755m2* Ex Supermarket Tenancy with substantial fit out in situ.
- Perfect space for a supermarket/deli, butcher looking to grow or open a wholesale business.
- 50 onsite carparks
- Designated Delivery door access via 2 Large Roller doors.
- Hill Street frontage and drive-through access to and from Herries Street
- Conveniently located on the fringe of the CBD in the emerging retail suburb of Newtown
For more information, please contact the exclusive marketing agent Chris Stewart or Nicole McEwan of LJ Hooker Commercial Toowoomba.
*Approx.
The size of Newtown is approximately 5.5 square kilometres. There are 15 parks, covering nearly 15.4% of the total area. The population of Newtown in 2016 was 9596 people. By 2021 the population was 10039 showing a population growth of 4.6% in the area during that time. The predominant age group in Newtown is 20-29 years. Households in Newtown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newtown work in a professional occupation.In 2021, 50.30% of the homes in Newtown were owner-occupied compared with 52.30% in 2016.
Newtown has 5,426 properties. Over the last 5 years, Houses in Newtown have seen a 126.90% increase in median value, while Units have seen a 149.89% increase. As at 30 June 2026:
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