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259- 269 Charters Towers Road
Mysterton QLD 4812
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Sold on 24 Jan 2022

259- 269 Charters Towers Road Mysterton QLD 4812

  • Shop & Retail
  • 1,329 m²
  • Sold

Landmark retail, office and car wash facility

  • Tenanted Investment
  • High profile building
  • 9 Year Lease to Anchor Tenant

This modern well presented complex of 1,329m2 NLA on three separate titles is anchored by a 9 year lease to the popular Twin Cities Car Wash and includes well established businesses all enjoying high exposure and on site parking for 62 vehicles.

The complex is well located on a main arterial road, with 84 metres of frontage and multiple vehicle crossovers. With over 27,000 vehicles passing daily, Charters Towers Road is 5 minutes from the Townsville CBD and this asset enjoys low vacancy rates.

The site was flood free in the 2019 monsoon rain event, and is well maintained.

This multi-tenant opportunity offers the ability for a strong diversified long term income stream. Passive investors will capitalise on the easy ability to obtain 100% occupancy with 9 separate tenancies configured within three separate buildings producing a current net income of approx. $342,500 per annum + GST. All office and retail tenancies feature quality office fit-out's and private amenities.

This is an extremely rare opportunity to acquire a truly well positioned asset. For further information contact managing agents Ray White Commercial Townsville on 4726 7888.

Ray White Commercial Townsville
Ray White Commercial Townsville
Level 1/51 Sturt St
Townsville City, QLD 4810

Property Highlights

Date Sold24 Jan 2022
Floor Area1,329 m²
Land Area4,125 m²
Energy0-star NABERS Energy rating
Parking62 x Onsite parkings
Property ID2017329435
Category
Last updated  24 Jan 2022
Map for 259- 269 Charters Towers Road Mysterton QLD 4812
Ray White Commercial Townsville
Ray White Commercial Townsville
Level 1/51 Sturt St
Townsville City, QLD 4810

Property Highlights

Date Sold24 Jan 2022
Floor Area1,329 m²
Land Area4,125 m²
Energy0-star NABERS Energy rating
Parking62 x Onsite parkings
Property ID2017329435
Category
Last updated  24 Jan 2022

Co-Agents

Troy Townsend
Troy Townsend
Ray White Commercial Townsville
Call
0407 213 887
Graeme Russell
Graeme Russell
Ray White Commercial Townsville
Call
0448 410 067

More about 259- 269 Charters Towers Road Mysterton QLD 4812

259- 269 Charters Towers Road Mysterton QLD 4812 is categorized as Shop & Retail Property. It has a floor area of 1,329 m² and a land area of 4,125 m². There are 62 x onsite parkings.The listing ID for this property is 2017329435.

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