LJ Hooker Commercial Toowoomba is pleased to present to the market 64 Victoria Street, Warwick a rare opportunity to purchase this prominent and well-established retail investment asset coupled with strong longstanding tenants onsite.
Positioned on one of Warwick's main thoroughfares, this versatile property offers outstanding exposure, excellent accessibility, and flexibility for a wide range of commercial uses (STCA). With strong local trade, established surrounding businesses, and steady population growth in the Southern Downs region, this is an opportunity not to be missed.
Our Differences:
Substantial capital spent on Fit-outs and infrastructure onsite.
High Profile 7502m Site improved by 3659m of Gross Floor Area.
Net income - $614,720.11 with a WALE (Income) 6.28 yrs
10 Year Lease to Harvey Norman (ASX: HVN) till 2034 with options to 2044.
Rental Bond in place for Vacancy (Paid Monthly)
For more information, please contact exclusive listing and marketing agent Chris Stewart.
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 6,832 properties. Over the last 5 years, Houses in Warwick have seen a 138.05% increase in median value, while Units have seen a 117.66% increase. As at 31 March 2026:
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