Commercial for Sale

79- 83 Mitchell Street North Ward, QLD 4810

$7,000,000Play Video
  • Building: 5,000m²
  • Land: 4,398m² (1.09 acres)

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Commercial for Sale in North Ward

Waterfront property with modern holiday units and development potential

  • Building: 5,000m²
  • Land: 4,398m² (1.09 acres)

Ocean Breeze comprises a modern 31 unit fully furnished complex with lift access and secure basement parking located on a valuable waterfront site on Townsville's iconic Strand enjoying
three street frontage to Kennedy and Mitchell Streets in the heart of the tourist precinct.
Features include reception, office, managers residence, in house and guest laundry facilities,
a 30kw solar array, backup generator, landscaped site with in ground pool and further development potential and income from a renovated older style dwelling and 12 flats with a 27 metre frontage to The Strand. Units are bright and airy with views of Cleveland Bay and Castle Hill. Gross sales in excess of $800k for F/Y 2018. Qualifies for substantial depreciation benefits.
More details available from marketing agents Ray White Commercial on 4726 7888.

Building:

5,000m²

Land:

4,398m² / 1.09 acres

Zone:

Medium Density Residential

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