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216 Margaret Street, Toowoomba City, QLD, 4350

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216 Margaret Street, Toowoomba City, QLD, 4350

Toowoomba City

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216 Margaret Street, Toowoomba City, QLD, 4350

Toowoomba City

216 Margaret Street, Toowoomba City, QLD, 4350

216 Margaret Street, Toowoomba City, QLD, 4350

Properties / Buy / Queensland / Toowoomba City
Tenanted Investment
Selling Method
EOI
Selling Details
Please Contact Agents
Land Area
991 m² (*approx)
Floor Area
1596 m² (*approx)
Property Type
Offices, Retail
Est. Income
$460,837 p/a
Fully Leased
ANZ
Zone
Principal Centre
Car Spaces
13
Show All
FOR SALE | Trophy Office Investment Adjoining Grand Central Shopping Centre
  • Net Income: $460,837*
  • 57% Leased to ANZ (ASX:ANZ)
  • Adjoins Grand Central Shopping Centre

Cushman & Wakefield Investment Sales QLD is pleased to exclusively present 216 Margaret Street, Toowoomba to the market for sale via an Expressions of Interest campaign closing Wednesday, 13 May 2026 at 4:00pm (AEST).

This genuine trophy asset is underpinned by a lease to Australia and New Zealand Banking Group Limited (ASX:ANZ), trading as the Suncorp Bank Business Centre, and is further complemented by a diversified mix of established retail and office occupiers.

Strategically positioned within the core of the Toowoomba CBD, the property directly adjoins the region’s dominant retail precinct, Grand Central Shopping Centre. The centre is anchored by major national retailers including Myer, Kmart, Big W, Coles and Woolworths, alongside approximately 160 specialty retailers. This prime location ensures consistent vehicular traffic flow and strong pedestrian activation, supporting tenant exposure and long-term leasing appeal.

The property offers the following key investment attributes:

- Trophy office asset comprising 1,596m²* of net lettable area on a 991m²* site

- Anchored by ANZ (ASX: ANZ), trading as Suncorp Bank Business Centre, occupying approximately 57% of the building

- Diversified income profile supported by four (4) retail tenants and five (5) office tenants

- WALE of 2.98 years by income (3.15 years by area)

- Prominent frontage to Margaret Street providing strong exposure

- Directly adjoining Grand Central Shopping Centre (circa 90,000m² GLA)

- Principal Centre zoning with future development upside (up to 10 storeys, STCA)

- 13 secure basement car parks plus one (1) motorcycle bay

- Excellent connectivity to public transport and surrounding CBD amenity

Net Annual Income: $460,837*

For further information or to arrange an inspection, please contact the exclusive marketing agents Daniel Cullinane, Ned McConnel or Zac Edmonds of Cushman & Wakefield Investment Sales QLD.

Remember to mention you found this property on CommercialReady

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Dataroom
Tenanted Investment
Tenanted Investment

216 Margaret Street Investment Summary

Property Type
Offices, Retail
Est. Income
$460,837 p/a
Number Of Tenants
9
Tenant
ANZ
Wale
2.98 years
Land Area
991 m² (*approx)
Floor Area
1596 m² (*approx)
Zone
Principal Centre
Car Spaces
13
Selling Method
EOI
DATAROOM AVAILABLE
Gain Access
EOI Closing Date
13 May 2026 04:00PM
Selling Details
Please Contact Agents

Investment Highlights

FOR SALE | Trophy Office Investment Adjoining Grand Central Shopping Centre
  • Net Income: $460,837*
  • 57% Leased to ANZ (ASX:ANZ)
  • Adjoins Grand Central Shopping Centre

Cushman & Wakefield Investment Sales QLD is pleased to exclusively present 216 Margaret Street, Toowoomba to the market for sale via an Expressions of Interest campaign closing Wednesday, 13 May 2026 at 4:00pm (AEST).

This genuine trophy asset is underpinned by a lease to Australia and New Zealand Banking Group Limited (ASX:ANZ), trading as the Suncorp Bank Business Centre, and is further complemented by a diversified mix of established retail and office occupiers.

Strategically positioned within the core of the Toowoomba CBD, the property directly adjoins the region’s dominant retail precinct, Grand Central Shopping Centre. The centre is anchored by major national retailers including Myer, Kmart, Big W, Coles and Woolworths, alongside approximately 160 specialty retailers. This prime location ensures consistent vehicular traffic flow and strong pedestrian activation, supporting tenant exposure and long-term leasing appeal.

The property offers the following key investment attributes:

- Trophy office asset comprising 1,596m²* of net lettable area on a 991m²* site

- Anchored by ANZ (ASX: ANZ), trading as Suncorp Bank Business Centre, occupying approximately 57% of the building

- Diversified income profile supported by four (4) retail tenants and five (5) office tenants

- WALE of 2.98 years by income (3.15 years by area)

- Prominent frontage to Margaret Street providing strong exposure

- Directly adjoining Grand Central Shopping Centre (circa 90,000m² GLA)

- Principal Centre zoning with future development upside (up to 10 storeys, STCA)

- 13 secure basement car parks plus one (1) motorcycle bay

- Excellent connectivity to public transport and surrounding CBD amenity

Net Annual Income: $460,837*

For further information or to arrange an inspection, please contact the exclusive marketing agents Daniel Cullinane, Ned McConnel or Zac Edmonds of Cushman & Wakefield Investment Sales QLD.

Remember to mention you found this property on CommercialReady

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Dataroom
Tenanted Investment

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216 Margaret Street, Toowoomba City, QLD, 4350

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