Offices for Sale

2 Oxley Street North Ward, QLD 4810

Offers over $1,500,000 consideredPlay Video

Building: 475m²
Land: 645m²

Contact the agent if you'd like further information.

Enquire with Agent

Offices for Sale in North Ward

Landmark CBD mixed use investment property

Building: 475m²
Land: 645m²

Next Steps:

Enquire with agent

Ray White Commercial are proud to present to the market "Leilani House" 2 Oxley Street, North Ward (Top of Denham Street).

Positioned on a prominent corner site in the tightly held suburb of North Ward, this is a versatile mixed-use property incorporating both commercial and residential accommodation

Property Highlights:

3 storey mixed use property
100% leased
Land size: 645 sqm
NLA: 475 sqm
Current gross income: $118,200
4 x under cover carports (1 per tenancy)
Additional open air parking
Premium exposure at the rise of Denham Street

About the commercial:

Lease expiring 02/06/2029 with 1 x 3 year option
Current gross annual rental $48,000
Professional offfice on the ground floor

About the Residential:

3 x residential apartments
Current gross annual rental $70,200
2 bedrooms, 1 bathroom on first level
2 bedrooms, sunroom and 1 bathroom on second level
Spectacular city and water views from all apartments

With Townsville experiencing one of Queensland's tightest rental markets and an ongoing shortage of quality accommodation, the city's economic fundamentals continue to strengthen. Combined with a growing regional economy and sustained demand from government, professional services and national businesses, the CBD offers investors outstanding long-term potential.

Whether you're seeking a secure investment or future owner-occupier opportunity, this property represents an opportunity to capitalise on Townsville's continued growth, limited supply of quality commercial assets and positive long-term market outlook.

Contact the team at RWC Townsville for more information or to arrange an inspection.

Building:

475m²

Land:

645m² / 0.16 acres

Zone:

Mixed Use

Floor Types:

Carpet Tiles

Floor Types:

Ceramic Tiles

Tenancy:

Vacant

Categories:

Offices, Retail, Other

Next Steps:

Enquire with agent

Share:

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.