220 Gill Street CHARTERS TOWERS CITY, QLD 4820

RWC Townsville is delighted to offer for sale the 'Tyres & More' premises at 220 Gill Street, Charters Towers City, QLD 4820.

Positioned in the heart of Charters Towers CBD, this is a rare opportunity to secure a strong, income-producing commercial asset underpinned by a major Tyre & Wheel brand.

This is a tightly held asset class offering investors security, stability, and long-term growth within one of North Queensland's most resilient regional economies.

Investment Highlights:

• Renewed lease to September 2029 with options to 2041
• Current net income: $72,869 p.a. + GST
• Fixed 2% annual increases
• Tenant responsible for 100% of outgoings (excluding management fees)
• Freestanding 326 sqm building
• Freehold 1,597 sqm allotment
• Drive-through access from Gill Street to Hodgkinson Street
• Recently renovated showroom and amenities (2024)
• Prominent CBD location with high exposure, strong pedestrian and vehicle traffic
• Surrounded by government offices, professional services, retail operators, health services, essential services and hospitality venues
• Strong history of performance and long on-site tenure (15 years)
• Landlord favourable, set-and-forget net lease structure

The various areas within the property include:

• 71 sqm showroom & office
• 181 sqm warehouse storage
• 110 sqm rear workshop
• 130 sqm undercover work area

About Charters Towers:

Located approximately 135 km south-west of Townsville (circa 1.5-hour drive), Charters Towers is widely regarded as the gateway to the west, providing a strategic link between the North Queensland coast and key inland mining and agricultural regions. Additional key growth drivers for this unique region include Tourism, Education, Essential Services, and major Regional Projects.

With regional Queensland continuing to attract investor attention, this is your opportunity to secure a high-quality, low-risk commercial investment.

For more information, please contact marketing agents, RWC Townsville.