172 Hugh Street Currajong QLD 4812

These two high-profile workshops are located at the corner of Hugh and Keane Streets in the centrally located Industrial precinct of Currajong.

Features include:
• Land area 1,083 sqm
• Zoned Low Impact Industry
• Two self-contained, free-standing workshops with offices and amenities
• Current gross income of approximately $95,321 p.a. + GST
• Outgoings of approximately $20,000 p.a. (payable by the Lessor)
• New 98KW Solar system generating an additional $8,000 in annual profit for the owner

Workshop 1
• Tenanted by Fast Fit Exhaust since 1980
• New 5 + 5-year lease as of 1 January 2024
• Rental: $55,000 p.a. + GST with annual CPI / 4% increases
• 355 sqm floor area
• Corner position
• Includes small showroom/office area
• The balance area is a workshop

Workshop 2
• Tenanted by Townsville Signs
• Periodic lease with the ability to negotiate a new lease with the tenant or owner occupy
• Rental $40,321 p.a. + GST which is considered below market
• 355 sqm floor area
• Main road position with fantastic signage opportunities
• Includes air-conditioned office and sign production area
• Modern masonry block, steel roof construction

Sale: $1,250,000 (going concern, no GST)

Please contact RWC Townsville for more information or to arrange an inspection.