Retail for Sale

261-265 Boundary Street South Townsville, QLD 4810

$1,500,000Play Video
  • Building: 402m²
  • Land: 2,279m²

Contact the agent if you'd like further information.

Enquire with Agent

Retail for Sale in South Townsville

Mixed class investment property with development potential

  • Building: 402m²
  • Land: 2,279m²

Ray White Commercial Townsville is pleased to offer 261-265 Boundary Street & 1 Nelson Street, South Townsville to the market.

The opportunity exists to secure these two separate lots in an 'as-is' condition with current holding income for future renovation or development.

261-265 Boundary St, South Townsville

  • Land size: 1,267m2
  • 4 x commercial tenancies, producing gross income of $51,314 pa
  • Tenants include Higgo's Bait & Tackle, Tom's Mini Mart, Hair Salon & Office
  • 2 x 2 bedroom, 2 x 1 bedroom flats (currently vacant requiring refurbishment)

1 Nelson Street, South Townsville

  • Residential original two bedroom high-set home on a separate lot of 1,012m2
  • Subject to a lease expiring 22/07/2026 at $15,600 pa
  • Concrete yard to rear
  • Small shed

Owner's preference is to sell both lots combined.

Contact the team at Ray White Commmercial Townsville for more information.

** measurements are approximate

Building:

402m²

Land:

2,279m² / 0.56 acres

Tenancy:

Vacant

Categories:

Retail, Offices

261-265 Boundary Street, South Townsville, QLD 4810
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