175 Sturt Street, TOWNSVILLE CITY QLD 4810
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- 27 Oct 2016
CBD Commercial Investment - Partly Tenanted
Located within a tightly held pocket of the CBD, this solid concrete block building features multiple tenancies with 594m2 of building area over two levels and has the potential to be purchased at below replacement cost.
It is currently returning $86,525 per annum at the moment but there are four tenancies that are available to Lease so it could suit an owner occupier or an investor that is willing to secure new tenants to the property.
Building Area: 594m2 NLA approx
Land Area: 674m2
Car Parking: 6 on site
Tenancies: 9 tenancies
Current Returning $86,525 Gross.
The property is suited to both investors and occupiers alike with the potential for owner occupiers to have space vacated to suit their needs or for an investor to reset leases to reap the benefits.
This is an opportunity to secure yourself a prime CBD property in a highly sought after location offering strong returns.
For further information in relation to the Property, or to organise inspections of the Property, please contact Colliers International Townsville.
Shaun Mclaren - 0439 708 449
Neville Smith - 0438 765 087
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
175 Sturt Street TOWNSVILLE CITY