Industrial/Warehouse for Sale

18-20 Jackson Street Garbutt, QLD 4814

$2,150,000Play Video
  • Building: 777m²
  • Land: 2,024m²

Contact the agent if you'd like further information.

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Industrial/Warehouse for Sale in Garbutt

Freestanding Garbutt workshop with long term lease

  • Building: 777m²
  • Land: 2,024m²

18-20 Jackson Street is centrally located in Townsville's premier industrial suburb of Garbutt and features:

  • Land area: 2,024 sqm, configured as two separate 1,012 sqm lots
  • Building area: 777 sqm
  • Zoned: Medium Impact Industry
  • 5 x 5m roller doors
  • Newly renovated offices including showroom for products, bathrooms, staff room and shower
  • 3.2-tonne overhead gantry crane

Lease particulars include:

  • Tenant: Northern Stone QLD, one of only two stonemasonry businesses in the Townsville area
  • Rental: $140,000 per annum + GST
  • Outgoings: 100% paid by Tenant (excl management fees)
  • Lease term: 5 years commencing 18/07/2026
  • Options: 2 x 3 years
  • Annual increase to CPI or 3% (whichever is greater)
  • Security: $38,500 bond held

The tenant has invested a significant amount into their fit out, plant and equipment, drainage and electrical upgrades.

Sale: $2,150,000

Contact marketing agents RWC Townsville today to avoid missing this secure tenanted investment opportunity .

Building:

777m²

Land:

2,024m² / 0.5 acres

Zone:

Medium Impact Industry

Tenancy:

Vacant

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

18-20 Jackson Street, Garbutt, QLD 4814
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