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22 Walker Street
Townsville City QLD 4810
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Sold on 25 Sep 2020

22 Walker Street Townsville City QLD 4810

  • Offices
  • 3,955 m²
  • Sold

"A GRADE" OFFICE ASSET - 8.5% YIELD - OVER 4 YEAR WALE

  • 8.5% Yield
  • 4 Year WALE
  • New 7 year lease to Qld Government

Located in the core of Townsville's CBD, 22 Walker Street is an "A Grade" 7 level office tower with an NLA of 3,955sq.m and 55 car parks. The building is underpinned by long term tenants Westpac, Findex, AON and the Queensland Government.

- Net income $1,067,000 pa (8.5% Yield)
- Enviable tenant profile including a brand new 7 year lease over a full floor to the Queensland Government
- Over 4 year WALE
- 81% leased to government and institutional tenants
- Substantial building upgrades in the last 5 years
- New and near new fitouts
- 5 Star NABERS energy rating
- Income growth potential with modest rental rates
- Located directly opposite the Law Courts with outstanding access to nearby professional services and government departments

For further details or to arrange an inspection please contact Todd Walsh at Colliers International

Property Highlights

Date Sold25 Sep 2020
Floor Area3,955 m²
Land Area1,259 m²
EnergyAsk Agent
Parking55 x Onsite parkings
Property ID2016467375
Category
Last updated  16 Dec 2020
Map for 22 Walker Street Townsville City QLD 4810

Property Highlights

Date Sold25 Sep 2020
Floor Area3,955 m²
Land Area1,259 m²
EnergyAsk Agent
Parking55 x Onsite parkings
Property ID2016467375
Category
Last updated  16 Dec 2020

Listed by

Todd Walsh
Todd Walsh
Colliers Townsville
Call
+61 408 061 040

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