Offices for Sale

260-264 Sturt Street Townsville City, QLD 4810

$780,000Play Video
  • Building: 511m²
  • Land: 506m²

Contact the agent if you'd like further information.

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Offices for Sale in Townsville City

Freestanding CBD Building with Three Self-Contained Tenancies

  • Building: 511m²
  • Land: 506m²

260-264 Sturt Street is located on the busiest street in Townsville's CBD, surrounded by professional office and retail users.
This well maintained, two storey CBD building is fully tenanted with businesses such as House of Vows wedding events, a massage clinic, and a café/gaming spot that is currently refurbishing 260 Sturt Street.

  • Total land area: 506 sqm
  • Total building area: 511 sqm
  • Includes two ground floor commercial tenancies totalling 393 sqm (260 & 264 Sturt St)
  • 260 Sturt Street: 190 sqm - Leased until 21/05/2029 (with a 3 year option)
  • 262 Sturt Street: 118 sqm - Leased until 30/06/2029
  • 264 Sturt Street: 203 sqm - Leased until 23/04/2027
  • Rear onsite parking for 4 vehicles including 2 secure undercover
  • Zoning: Principal Centre (CBD)

The property is subject to three leases producing a net income of $52,261.09 per year plus GST (approx).

For Sale: $780,000 ex GST

For more information please contact Ray White Commercial Townsville.

Building:

511m²

Land:

506m² / 0.13 acres

Zone:

Principal Centre (CBD)

Tenancy:

Vacant

Categories:

Offices, Retail, Medical/Consulting

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

260-264 Sturt Street, Townsville City, QLD 4810
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