Landmark Commercial Property Available to Owner Occupy and or Investment Opportunity
This property is one not to pass up. 202 Ross River Road has been home to RACQ for over 2 decades and is being offered to the market via formal offers to purchase.
The property features three ground floor tenancies with five first floor tenancies all separately metered. All tenancies have the ability to be amalgamated to increase floor areas. Refer to the attached floor plans for detailed breakdown of tenancy areas.
The property boasts a high profile with over 60 meters of main road exposure capturing the attention of over 30,000 vehicles passing daily. With this high exposure comes easy access with an ample 33 car parks with 9 undercover located at the rear of the property accessed via Crete & Benghazi Streets, as well as convenient Ross River Road parking fronting the property.
The property features fully air conditioned office suites, male/female ablutions on each floor plate, common area kitchen & clean amenities, 4 entry access points to the ground floor with 2x internal stairwells and roof replaced in 2013 with 36 year warranty. The property has been maintained to the highest level with all servicing conducted regularly with all service reports available upon request.
Currently the property is leased to 4 long term tenants and a detailed tenancy schedule can be provided upon request.
• Building area: 1, 260 m2 with 1,023m2 NLA* • Land area: 2,218 m2 Zoned: Mixed Use • 12 x tenancies over 2 levels, 4 x subject to leases • 60M main road exposure to over 30,000 passing vehicles p/day* • 73 m2 h/clearance warehouse, 3 phase power & compressed air* • 3 street frontage allowing dual access • Each level offers male/female amenities & kitchenette facilities • May suit owner occupier with surplus income/ investor
This property could suit a variety of end users including an owner occupier looking to take advantage of additional income streams or long term investment opportunity.
To avoid missing out on this unique opportunity, contact exclusive agency, Ray White Commercial Townsville to arrange an inspection today.
A detailed Information Memorandum is available upon request.
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
Find out your loan options
Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.
