Retail for Sale

Lot 74/30-34 Palmer Street South Townsville, QLD 4810

$349,000Play Video

Building/Land: 30m²

Contact the agent if you'd like further information.

Enquire with Agent

Retail for Sale in South Townsville

Tenanted Palmer Street retail tenancy

Building/Land: 30m²

Next Steps:

Enquire with agent

This modern, freestanding, strata-titled building features an open-plan retail space, complete with a dedicated bathroom and kitchenette.

There is one on-site car park to the rear. The building has brand new air conditioning and has been freshly painted inside and out.

The property is subject to a new 3-year lease with a barber studio, producing a net income of approximately $23,676 per year + GST.

Palmer Street is Townsville's premier accommodation and dining precinct. There are 800 hotel rooms on Palmer Street, with over 240,000 guests staying here each year.
There is also a very strong local customer base, making this a highly sought-after location.

Sale: $349,000

Contact RWC Townsville to arrange an inspection.

Building:

30m²

Land:

30m² / 0.01 acres

Zone:

Commercial

Tenancy:

Tenanted

Next Steps:

Enquire with agent

Share:

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.

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