118 Palmerin Street, Warwick, QLD 4370 | Property Value & History | OnTheHouse
OFF MARKET

118 Palmerin Street
Warwick QLD 4370

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 788m2
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Property Details for 118 Palmerin St, Warwick

Building Type
Commercial
Land Size
788m2
Local Government
Southern Downs Regional
Lot/Plan
1/RP84533

Last Listing description (November 2021)

Colliers International Toowoomba is proud to present 118-122 Palmerin Street & 50 King Street, Warwick to the sale market via Expressions of Interest.

This historic double storey retail building offers an outstanding investment opportunity in the heart of the thriving Warwick CBD.

Features Include:

Prominent 2,580 m2* corner position in the Heart of the Warwick CBD
8 Individual tenancies across 2,640 m2* of NLA
Estimated net income of over $215,264 per annum
Prime frontage to Palmerin & King Street
Anchor tenant ASX listed (NBL) Rivers Australia with other lease covenants to Lifeline, Voyage Fitness & a Barber
Zoned Principal Centre

Well located in the Northern CBD of Warwick with, the site presents great amenity and exposure. Warwick continues a tradition of a very stable population base and a significant regional centre with very sound economic profile as part of the Southern Downs Region.
Now is your chance to take advantage of this opportunities to capitalize on this regional investment & reap the rewards.

Accelerating Success. For more information, please contact Dan Dwan of Colliers International.

*Approx.

Property History for 118 Palmerin St, Warwick, QLD 4370

A timeline of how this property has performed in the market
Last Sold
$1,152,829
27 Oct 2021
Listed for Rent
$575/w
17 Dec 2020
  • 27 Oct 2021
    Sold for $1,152,829
  • 24 Feb 2021
    Listed for Sale Offers Over $2.1 million
  • 11 Oct 2019
    Listed for Sale Not Disclosed
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About Warwick 4370

The size of Warwick is approximately 25.9 square kilometres. It has 19 parks covering nearly 7.8% of total area. The population of Warwick in 2016 was 12222 people. By 2021 the population was 12294 showing a population growth of 0.6% in the area during that time. The predominant age group in Warwick is 60-69 years. Households in Warwick are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warwick work in a labourer occupation.In 2021, 60.50% of the homes in Warwick were owner-occupied compared with 58.30% in 2016.

Warwick has 6,828 properties. Over the last 5 years, Houses in Warwick have seen a 136.16% increase in median value, while Units have seen a 98.41% increase. As at 30 November 2025:

  • The median value for Houses in Warwick is $565,805 while the median value for Units is $434,533.
  • Houses have a median rent of $525 while Units have a median rent of $385.
There are currently 45 properties listed for sale, and 17 properties listed for rent in Warwick on OnTheHouse. According to Cotality's data, 324 properties were sold in the past 12 months in Warwick.

Suburb Insights for Warwick 4370

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.