Retail for Sale

412-414 Flinders Street Townsville City, QLD 4810

$1,500,000Play Video
  • Building: 544m²
  • Land: 506m² (0.13 acres)

Contact the agent if you'd like further information.

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Retail for Sale in Townsville City

Multi tenanted CBD Investment or owner occupier with holding income

  • Building: 544m²
  • Land: 506m² (0.13 acres)

This immaculately maintained two storey property is located in Townsville's main street, opposite the new Woolworths & City Arcade development. The Townsville CBD Super Stadium is under construction only 300 metres away.

The property is subject to commercial leases producing a current net income of $116,216 per annum + GST.

Ground floor retail area: 267 sqm
Leased to Mary Who Bookshop (ABC retailer)
Lease expiry: October 2022

First floor office area: 277 sqm
Leased to Alluvium Engineers
Lease expiry: September 2018

Land area: 506 sqm
On site parking for 8 vehicles is located at the rear and accessed via Ogden Street.
The new Townsville bus hub is being constructed on Ogden Street between now and December putting this property in the centre of the CBD's revitalisation.

For more information, please contact exclusive marketing agents Ray White Commercial.

Building:

544m²

Land:

506m² / 0.13 acres

Zone:

Principal Centre Cbd

Categories:

Retail, Offices

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