151 Stanley Street Townsville City QLD 4810

This excellent CBD property is now on the market for the first time in years, offering the savvy investor or an owner occupier the opportunity to buy a property with holding income in the heart of the Townsville CBD.

Features of the property include:

* 374m² Building over two levels
* $73,800 Potential gross holding income
* 75% Leased with one vacancy on the ground floor
* $57,060 Current gross holding income
* Located in the Heart of the Townsville CBD
* Standalone freehold property
* Main road position with good exposure
* Multiple tenancies with multiple income streams
* Two first floor apartments
* 1 x Two bedroom apartment (rented for $330/week) and 1 x Three bedroom apartment (average rental of $375/week through Airbnb)
* 151 Stanley Street leased long term as 90m² Professional Office, till July 2022
* Vacant 97m² professional office at 155 Stanley Street
* Ideally suited to an Investor or Owner Occupier

For further information or to arrange an inspection please contact Shaun McLaren at Colliers today.