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.
