Learn more about this property online at:
https://www.colliers.com.au/p-aus66015680
https://www.colliers.com.au/p-aus66015680
- For sale
For Sale
$4,400,000 (Ex GST)
- Net income of $308,508* pa (plus GST) showing a yield of 7%
- 10 tenancies with a diverse mix of users including office and medical
- Total NLA of 1,901m²
- 73% currently leased with a two year rental guarantee provided on vacancies
- Income bolstered by a newly installed digital billboard with a 20 year lease
- Modest current rent rates averaging under $220 per m² gross, allowing for future growth, as well as the potential of income from car parking which is currently allocated to building tenants free of charge
- Prime location in Townsville's CBD
- 2,552m² site with 2x street frontages
- 38 secure on-site car parks including 17 under cover
For further information or to arrange an inspection, please contact Todd Walsh or Ben Wheeler at Colliers
* Approx
^Outlines / markups indicative only
Ref #: R2-3173905
- 10 tenancies with a diverse mix of users including office and medical
- Total NLA of 1,901m²
- 73% currently leased with a two year rental guarantee provided on vacancies
- Income bolstered by a newly installed digital billboard with a 20 year lease
- Modest current rent rates averaging under $220 per m² gross, allowing for future growth, as well as the potential of income from car parking which is currently allocated to building tenants free of charge
- Prime location in Townsville's CBD
- 2,552m² site with 2x street frontages
- 38 secure on-site car parks including 17 under cover
For further information or to arrange an inspection, please contact Todd Walsh or Ben Wheeler at Colliers
* Approx
^Outlines / markups indicative only
Ref #: R2-3173905
