1 Riverside Blvd, DOUGLAS QLD 4814
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- 18 Oct 2016
Riverside Gardens Investment Opportunity
The Riverside Centre is ideally located in Douglas at the entrance to Riverside Gardens, an opportunity exists for a new owner to take advantage of this strategic location.
The Centre is currently a retail complex and while it could be continued to be used like this, an opportunity exists for the site to be redeveloped into a Medical and Allied Health facility while receiving holding income from existing tenancies.
The Centre is located close to key facilities in the Townsville region such as:
• 600 meters from James Cook University;
• Two kilometers from Lavarack Barracks;
• 750 meters from the Townsville General Hospital;
• 500 meters from the Douglas Ring Road;
• 2km to the redeveloped Stockland Shopping Centre.
Riverside Gardens is home to approximately 6,000 residents while the wider Douglas area is home to 7,184 residents.
The centre benefits from high traffic flow from being positioned on the corner of Angus Smith Drive and Riverside Boulevard. Angus Smith Drive is a key arterial road acting as the entrance to James Cook University, Townsville General Hospital, Riverside Ridge and Riverside Gardens residential estates.
For Sale by Expressions of Interest. For further information or to arrange an inspection please contact Colliers International today.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
1 Riverside Blvd DOUGLAS