259-267 Charters Towers Road Mysterton, QLD 4812

Ray White Commercial Townsville is proud to present 'Royal Oak Plaza' 259-267 Charters Towers Road, Mysterton to the market.

Comprising a substantial 1,688 sqm* net lettable area across three separate titles, the property is anchored by the highly recognised Shannon's Car Wash together with a diverse mix of established retail and commercial tenants delivering a strong and reliable income stream.

Strategically positioned on Charters Towers Road with approximately 84 metres* of frontage, the complex benefits from exceptional exposure to more than 27,000 vehicles daily* and offers convenient access via multiple vehicle crossovers and 62 on-site car parks. It also benefits from a bus stop directly in front of the complex.

Located just minutes from the Townsville CBD, the asset has historically experienced extremely low vacancy rates and strong leasing demand, underpinned by the strength of the surrounding trade catchment and ease of access.

Key Features:

• 1,688 sqm* net lettable area across 3 titles
• High-profile commercial complex with strong street presence
• Anchored by long-term tenant Shannon's Car Wash
• Diverse mix of established retail and commercial tenants
• Current net income of approximately $423,603 p.a. + GST
• 10 separate tenancies providing diversified income security
• 62 on-site car parks*
• Approx. 84m* frontage to Charters Towers Road
• Exposure to over 27,000 vehicles passing daily*
• Flood-free during the 2019 weather event
• Quality fit-outs and private amenities throughout
• Well-maintained passive investment opportunity
• Historically low vacancy and strong tenant demand

Townsville continues to cement itself as the economic capital of Northern Australia, supported by a $15.8 billion regional economy, forecast population growth to more than 306,000 residents by 2046, and over $27 billion in major infrastructure projects currently underway throughout the region.

This is a rare opportunity to secure a strategically positioned, high-performing commercial asset with long-term income security and exceptional exposure.

For further information or to arrange an inspection, contact Ray White Commercial Townsville.