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Retail 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
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