Toowoomba Weis factory sells for upwards of $4m to Country Synergy
Toowoomba is set to reap a big benefit from the iconic Weis factory sale, with a large portion of the proceeds donated into a community fund.
Real Estate
Don't miss out on the headlines from Real Estate. Followed categories will be added to My News.
A Darling Downs agricultural company has snapped up one of Toowoomba’s most famous factories, in a deal worth upwards of $4m.
Country Synergy has been revealed as the new owner of the old Weis Factory, nearly a year after operator Unilever closed the facility and shifted operations to New South Wales.
The family operation, which has sites in Pittsworth and Inglewood and employs more than 100 people, will use the factory for food storage and distribution.
Country Synergy managing director Katrina Hobbs said the company would offer “significant job opportunities” to Toowoomba residents.
“As a local family, we are excited to take on ownership and management of the site and we are looking for opportunities to work with other companies to provide food storage and distribution solutions, as well as offering opportunities for food processing,” she said.
A quarter of the sale proceeds, reportedly worth more than $1m, will be set aside by Unilever to establish a new community fund.
Former Toowoomba factory director Keith Head said the new fund would be reinvested into Toowoomba as a thankyou to the city that was the home of Weis ice-creams for more than 60 years.
“I have a lot of great memories of my time in Toowoomba and the incredible community,” he said.
“While we’re officially passing the baton to Country Synergy today, we hope the Weis legacy will live on in Toowoomba through the Weis Community Fund and we look forward to sharing more details about the recipients soon.
We wish Country Synergy all the best as they grow their operations in Toowoomba – it’s fantastic to see an Australian family-owned business take the reins of the iconic facility.”
Country Synergy are seeking opportunities to work with interested parties to provide food storage and processing solutions.
They would also consider applications to sublease parts of the site.
For more information, contact Katrina Hobbs on 0407 736 299 (katrina@countrysynergy.com) or Greg Youngberry on 0429 396 222.
More Coverage
‘Walk in, walk out’: Popular country pub hits market for $625k
The owners of a small but popular pub on the Darling Downs has put the venue up for sale for the first time in eight years. Here’s what you get.
Former Qld premier buys regional Qld office block for $8.5m
A former Queensland premier’s company has snapped up a lucrative office building in a regional city as their investment portfolio grows across Australia.
What’s planned for Toowoomba suburb after monster $1.9m land deal
A massive parcel of land close to the centre of Toowoomba has sold for nearly $1.9m, with agents giving a hint as to what the block could become.
Buyers ready to strike as ‘top five’ Australian bowling alley hits market
A massive bowling alley in regional Queensland, described as one of the best in Australia, has hit the market as a going concern.
Up 269% in five years: City’s biggest house flips revealed
Toowoomba’s high-end property market has continued to explode, with the 30 biggest sales from 2024 so far revealing some extraordinary returns for its sellers. The full list here:
Look inside: ‘Impressive’ seven-bedroom city home hits market
It’s got seven bedrooms, a tennis court, Ralph Lauren wall textiles and is laid out like a Georgian-era manor. Step inside a Toowoomba home that agents are calling “extraordinary’: