• For Sale
  • Office Space
Prime Location in CBD - Investment at Entry Level Pricing
Prime Location in CBD - Investment at Entry Level Pricing
Prime Location in CBD - Investment at Entry Level Pricing
Prime Location in CBD - Investment at Entry Level Pricing
Prime Location in CBD - Investment at Entry Level Pricing
Prime Location in CBD - Investment at Entry Level Pricing
Prime Location in CBD - Investment at Entry Level Pricing
Prime Location in CBD - Investment at Entry Level Pricing
Prime Location in CBD - Investment at Entry Level Pricing
Prime Location in CBD - Investment at Entry Level Pricing
Prime Location in CBD - Investment at Entry Level Pricing
Prime Location in CBD - Investment at Entry Level Pricing

For Sale

$500,000 (plus GST)
This multi tenanted investment property consists of four strata office / retail units, configured as 5 tenancies on the south eastern side of the well known Denham Arcade property. It is an ideal location in the heart of Townsville's CBD on one of the main streets for professional office users.

Three of the five tenancies are leased generating an income of circa $60,000 pa gross plus GST and there is promising scope for increased rental returns and the ability to sell certain tenancies off separately. The building has undergone a major refurbishment by upgrading the arcade and common areas including amenities plus a new roof has been installed.

- Suite 5 (43m²): Leads Consultants
- Suite 6 (36m²): Vacant asking $10,000 pa plus GST
- Suite 7 (54.20m²): Vacant asking $14,400 pa plus GST
- Suite 7a (52.80m²): Eraza Laser Clinic
- Suite 8 (127m²): Betty Blue Cafe

Calling investors and owner / occupiers alike, the vendor is highly motivated to sell and this is excellent entry level CBD opportunity.

For further details or to arrange an inspection, please contact Colliers International Townsville.

Ref #: R2-2162302

Property Details