SMALLER INDUSTRIAL UNITS REDUCE RENT TO LEASE
modern industrial unit with a significant rent reduction in the premier
Toowoomba industrial precinct of Wilsonton is being offered for lease by Ray
property, Unit 2 Quantum Business Park, 1-5 Gardner Court, Wilsonton, is being
marketed by Ken Avery of Ray White Commercial Toowoomba.
Avery said the approximately 309 sqm warehouse unit features an air-conditioned
office plus a 750KG/sqm compliant mezzanine and was previously listed for lease
in 2007/08 for approximately $32,000 per annum plus GST and outgoings.
new listing has seen the asking rent reduced to just $15,000 per annum plus GST
and outgoings with the lessor’s right to review the market every 12 months,” he
smaller industrial unit sites are becoming difficult to lease in the present
market, we are seeing some extraordinary deals being considered by landlords in
an endeavour to prevent their properties sitting vacant for extended periods of
similar sized office and unit spaces have also seen significant reductions with
some marketed with annual fixed dollar value increases within the lease term,
in a bid by property owners to take affirmative action in a tough market where
their properties have remained vacant for extended periods. This is further
viewed to provide potential tenants with fixed amounts on which they can budget
in uncertain times.”
Avery said this unit’s huge rent reduction and ideal location represents the
perfect opportunity for a small company to set up their business base and he
believes it will be quickly snapped up.
unit is ideally located adjacent to the entrance within a complex of 13 quality
units including an on-site take-away food shop,” he said.
plenty of on-site parking plus access to a shared 40 foot container set down
“The unit is located approximately five minutes
from Toowoomba Airport Terminal and approximately seven kilometres from
Toowoomba’s CBD with easy access to the Warrego and New England Highways.”