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INVESTMENT COMMERCIAL PROPERTY (INCLUDING HOUSE) - TOWNSVILLE

Location / Area

Townsville

Property Type / Size

A 1640 square metre, commercial property with 4 shops, a house and approximately 800 square metre, vacant block. It is on two titles.

Price Range

SOLD

Property Details

This property has income from four tenants i.e.:

• Snack bar (using two shops)
• Saddler (1 shop)
• Upholster (1 shop)
• Residence

Vacant block	Block & Rear of House	Shop Front

Total rent revenue is approximately $26,000 per annum currently,

The vacant land could be developed for other commercial or residential uses i.e.:

• Medical Centre
• Townhouses ( 6 allowed)

The property is currently maintained by the house tenant who only pays a nominal rent.

The property is situated:

• 8 Kilometres from Townsville CBD
• On main road (Flinders Highway)
• Close to James Cook University
• Also close to Army barracks, major shopping centre, schools and hospital

Dining Room	Lounge Room	Bathroom

Best Features

• Main road exposure
• Good rental return
• Potential to develop vacant block
• Secure leases
• Caretaker in house
• Proximity to schools, shops, hospitals etc.
• Close to University and Army barracks
• Small capital investment

BBQ Area & Shop Toilets	Kitchen

Additional Information

This property is an ideal passive investment, showing good returns and capital gain.

The potential to develop the vacant land (or sell it off) is another option. An astute investor will look at the options that exist.

This property would suit a local or out of town buyer as Townsville is growing rapidly.

West View of House	East View of Shops	Backyard

Flinders Highway	Shop

Contact Details

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