Tewksbury Commercial is pleased to offer for sale 17-19 Lissner Street, Toowong.
17-19 Lissner Street, Toowong is one of the last remaining opportunities to acquire a substantial commercial property in central Toowong.
Developers will be attracted to the large 1,816 square metre rectangular shaped land parcel within the highly sought after Major Centre Precinct 1 zoning.
Owner-occupiers will be attracted to the two large floor plates totalling 2,414 square metres with vacant possession available in March 2025.
Investors will be attracted to the lease to the Commonwealth of Australia until March 2025 generating a gross income of $1.5 million p.a.
Furthermore the building design, large floor plates and generous carparking ratio make it an attractive proposition for future tenants.
Expression of Interest closing Friday 6th October 2023.
For further information or to arrange an inspection please contact the Exclusive Marketing Agents.
The size of Toowong is approximately 4.2 square kilometres. There are 18 parks, covering nearly 10.4% of the total area. The population of Toowong in 2016 was 10830 people. By 2021 the population was 12556 showing a population growth of 15.9% in the area during that time. The predominant age group in Toowong is 20-29 years. Households in Toowong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toowong work in a professional occupation.In 2021, 43.30% of the homes in Toowong were owner-occupied compared with 44.40% in 2016.
Toowong has 7,876 properties. Over the last 5 years, Houses in Toowong have seen a 54.13% increase in median value, while Units have seen a 109.56% increase. As at 30 June 2026:
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