![]() Asset Class: | Industrial |
![]() Price: | $ 7400000 |
![]() Net Yield: | 6.40 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | Off Market |
This is a rare opportunity to secure a premium industrial investment in the thriving Toowoomba Trade Gateway precinct. <b>1-7 Mansell Street, Wilsonton</b> is a substantial <b>2.02-hectare site</b>, leased to <b>Team Global Express (formerly Toll Group)</b>—a major logistics operator in Australia and New Zealand. Presenting a brand new <b>5-year lease (expiring 2030) with renewal options to 2036</b> provides strong long-term rental security. The property features a <b>1,200m² warehouse</b>, an <b>expansive 2,660m² awning</b>, <b>7,000m² of concrete hardstand</b>, and <b>3,000m² of gravel hardstand</b>, making it ideal for logistics and industrial operations. Additionally, the site holds opportunity across the <b>vacant land at the rear</b>, offering significant <b>development potential or future expansion</b>, further enhancing its value STCA. With <b>Medium Impact Industry zoning</b>, multiple offices, a large boardroom, and a tenant covering all outgoings (except management fees), this asset presents exceptional returns and capital growth potential. Not only is this a high yeilding asset but the land area of this property is rarely matched making this a very good asst in a strategic addition to your portfolio.
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<b>Wilsonton – A Growing Commercial & Residential Precinct</b><br><br>Wilsonton is a well-established suburb in <b>Toowoomba, Queensland</b>, known for its strong commercial and residential presence. Located in the city’s western corridor, Wilsonton serves as a key service and retail hub, benefiting from its proximity to major transport routes, including the Warrego Highway. The area is home to <b>Wilsonton Shopping Centre and Wilsonton Industrial Estate</b>, which support a range of businesses, from retail and hospitality to logistics and manufacturing.<br><br>The suburb has a <b>steady population growth</b>, with demand for both residential and commercial properties remaining strong. Its mix of established housing and new developments attracts families and professionals seeking affordability while staying connected to Toowoomba’s economic opportunities.<br><br><b>Toowoomba – Regional Powerhouse of Southern Queensland</b><br><br>As <b>Queensland’s largest inland city</b>, Toowoomba is a thriving regional centre with a <b>diverse economy</b> supported by agriculture, education, healthcare, and infrastructure development. The city has a population of over <b>180,000</b>, with projections indicating steady growth driven by employment opportunities and regional migration.<br><br>Key factors contributing to Toowoomba’s economic strength include:<br><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Infrastructure & Transport:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> The Toowoomba Second Range Crossing and the proposed Inland Rail project enhance connectivity to Brisbane, Sydney, and Melbourne.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Low Vacancy Rates:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> The commercial property market remains resilient, with strong tenant demand keeping vacancy rates low.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Booming Industrial & Logistics Sector:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Toowoomba Enterprise Hub and Wellcamp Business Park are attracting major industrial and logistics operators, reinforcing the region’s investment appeal.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Education & Healthcare Hub:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Home to the University of Southern Queensland and a growing health sector, Toowoomba continues to draw professionals and students, supporting economic sustainability.</span></p></li></ul><br><br><b>Investment Outlook</b><br><br>Wilsonton and Toowoomba offer a <b>compelling investment opportunity</b>, particularly in commercial property, with <b>low vacancy rates, strong rental demand, and ongoing infrastructure investment</b>. As one of Australia’s leading regional economies, Toowoomba provides stability and long-term growth potential, making it an attractive choice for investors looking to diversify into high-yielding regional markets.<br><br><b>TOOWOOMBA DEVELOPMENT & ECONOMY</b><br><br>Toowoomba is one of the fastest growing regions in Queensland. In 2023, Toowoomba’s economic growth surpassed all major hubs in the state, including Brisbane, Ipswich, Logan, Moreton Bay, Cairns, Townsville, the Sunshine Coast and the Gold Coast. <br><br>The Toowoomba Region continues to thrive at a steady pace through domestic migration, an expanding job market, agricultural roots and diversification. The economy is evolving, with mining, healthcare and construction becoming major drivers of growth. <br><br>Toowoomba’s growth is set to continue with numerous large-scale projects in the pipeline:<br><br>The Gowrie to Helidon (G2H) project is one of 13 sections of the Inland Rail program. It comprises 28km of new dual gauge track between Gowrie (north-west of Toowoomba) and Helidon (east of Toowoomba). It crosses the two local government areas of Toowoomba and Lockyer Valley. Boeing has selected Toowoomba as the preferred site for the company’s first aircraft assembly facility of its kind outside North America. <br><br>Boeing Australia will establish the facility in the Wellcamp Aerospace and Defence Precinct at Wellcamp Airport– 20 minutes west of Toowoomba. <br><br>People First Bank Chairman has developed a purpose-built National Head Office complex in the Toowoomba CBD, a move that cements the bank’s long-term commitment to maintaining the city as its headquarters. The plans involve building a state-of-the-art campus-style complex in the heart of the city, providing a minimum of 5,000m2 floor space for People First Bank. <br><br>The Queensland Government is investing $1.3 billion to build a new Hospital in Toowoomba. The five year project will see a new hospital built at the Ballie Henderson campus and the existing Toowoomba Hospital site converted into a major health centre for services such as day surgery, dental, specialist outpatients, education and training
Additional Location Information File<span style="color:rgba(0, 0, 0, 1);">TEAM GLOBAL EXPRESS</span><br><br><span style="color:rgb(0, 0, 0);">Team Global Express is a logistics solutions company, owned by Allegro Funds, Australia’s most awarded transformation and turnaround equity firm. </span><br><span style="color:rgb(0, 0, 0);font-weight:normal;"></span><br><span style="color:rgb(0, 0, 0);">We started our journey as Team Global Express in 2021, following our acquisition from Toll Group. Our heritage traces back to 1888 when Albert F Toll established his transport business in Newcastle, Australia.</span><br><span style="color:rgb(0, 0, 0);"></span><br><span style="color:rgb(0, 0, 0);">Building on these foundations, we now employ over 8,500 people and work with more than 5,000 delivery partners domestically and overseas.</span><br><br><span style="color:rgb(0, 0, 0);">Today, our multimodal network – utilising trucks, ships, aircraft and rail – offers unparalleled scale, reach and speed across Australia and New Zealand.</span><br><br><span style="color:rgb(0, 0, 0);">What sets us apart is how we’re transforming our company and our sector.</span><br><br><span style="color:rgba(0, 0, 0, 1);">Our vision is to be the most sustainable transport and logistics solutions provider in Australia and New Zealand.</span><br><br><span style="color:rgb(0, 0, 0);">With customers at the heart of our business, we’re building an iconic company that is sector-leading, aims to lead the way in ESG, is dedicated to enhancing accessibility and fostering economic prosperity.</span><br><span style="color:rgb(0, 0, 0);"></span><br><span style="color:rgb(0, 0, 0);">We’re proud of the progress we’re making with our customers, as a business and in the community. Why? Because ‘progress’ is what drives us.</span><br><br><br><a style="color:rgb(0, 0, 0);display:inline;" target="_blank" href="https://teamglobalexp.com/"><u>https://teamglobalexp.com/</u></a><span></span>
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Net Income: $483,280<br><br>Recoverable outgoings:<br><br>Insurance: $14,185<br>Council Rates: $34,532<br>Water rates: $3,917<br>Land Tax: $23,350<br><br>Non-Recoverable:<br><br>Property Management: $9,665<br><br><br>Net Income: $473,614<br>
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Rental Comparison 1-7 Mansell St Wilsonton - 4,190sqm - $113/sqm 50-54 Duhig St, Harristown - 1070sqm - $238/sqm 25 Industrial Av, Wilsonton - 1,450sqm - $145/sqm 20 Carrington Road Torrington - 1010sqm - $200/sqm (High visibility) 8/6-8 Production Court Toowoomba – 1867sqm – $132/sqm 1, Technology Ave, Wellcamp – 1,625sqm – $141/sqm 16-20 Project Street, Warwick – 1,680sqm - $135/sqm 318 Anzac Ave Harristown - 1,187sqm - $173/sqm Build Comparisons: 1-7 Mansell St Wilsonton - 4190sqm - $1,766/sqm 50-54 Duhig St, Harristown - 1070sqm - $3,925/sqm 339-351 Anzac Avenue Harristown - 3,286sqm - $2,588/sqm 25 Industrial Av, Wilsonton - 1,450sqm - $2,138/sqm
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<span style="color:rgb(0, 0, 0);">Asking Price: $7,600,000</span><br><span style="color:rgb(0, 0, 0);">Negotiated Price: $7,400,000</span><br><span style="color:rgb(0, 0, 0);">Net Yield: 6.4%</span><br><span style="color:rgb(0, 0, 0);">Type: Freehold</span><br><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Large Industrial Site:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>2.02-hectare</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> property offering ample space for logistics and industrial operations.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Development Upside:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> This property boasts a large </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>3,000sqm flat land parcel that is vacan</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">t. STCA another building could hold large potential for this asset as the property has a low site coverage of 20%.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Expansive Facilities:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>1,200m² warehouse</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> with a </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>2,660m² awning</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">, ideal for parcel distribution and storage.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Extensive Hardstand Areas:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>7,000m² concrete hardstand</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> and </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>3,000m² gravel hardstand</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">, providing excellent storage and maneuverability for heavy vehicles.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Secure Tenanted Investment:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Leased to </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Team Global Express (formerly Toll Group)</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">, a well-established international logistics company.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>New Lease:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> A brand new </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>5-year lease expiring 31st March 2030</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">, with renewal options to 2036.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Comprehensive Office & Amenities:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Multiple offices, a </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>large boardroom, administration hub, and staff facilities</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> enhance operational efficiency.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Strategic Location:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Positioned in the rapidly growing </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Toowoomba Trade Gateway precinct</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">, a key logistics and industrial hub.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Zoned for Industry:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> </span><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Medium Impact Industry zoning</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">, allowing for a broad range of industrial uses.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Long-Term Growth Potential:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Located in a high-demand industrial corridor, ensuring strong capital growth and tenant demand.</span></p></li></ul><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Under Rented: </b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Along with under capitalised on land, the property also soft on it's rent. Shifting this only $15/sqm higher would result in $62,850pa rental increase or above a $980,000 uplift in property value</span></p></li></ul><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> </span><br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);font-style:normal;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Replacement Cost:</b></span><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> This asset shows it's immense opportunity when comparing it's replacement cost. Replacing a 4,190sqm warehouse at a very conservative $2,200/sqm would be circa $9,220,000.</span></p></li></ul>