262-272 Ross River Road, AITKENVALE QLD 4814
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- Retail, Medical / Consulting, Offices
- Floor area:
- 130 x Onsite parking
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- NABERS energy rating
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- 8 Nov 2016
High Profile Tenanted Investment, National Tenants, Triple Net Lease Yields circa 8%, Low Site coverage for Future development and more....
Offered to the market for the first time this substantial retail and office complex is situated on the golden mile of Aitkenvale.
Aitkenvale is the geographic centre of Townsville with many business' along the stretch including Stockland Shopping Centre, QCCU head office, several banks, various professional offices, service stations and retail shops.
The retail section is locally known as Centrepoint Shopping Centre whilst the office complex has naming right tenant Community Training Australia 266.
The property boasts 6 titles fronting the intersection of Ross River Road and Anne Streets and 3 titles fronting Patrick Street. There is access points from all Streets with a drive-thru car park. Frontage to Ross River Road is approximately 120 meters.
The property has excess land holdings of up to 3036 m2 subject to future uses/projects.
There are 14 tenants in the retail centre including a chemist, bakery, hairdresser, grocer, real estate agent and takeaway food shops. The office building has three national tenants, Suncorp, Konnect and Community Training Australia.
Offered is a Triple Net Lease circa 8%, huge development potential, very high profile location, huge land bank with existing carparking..looking for an astute investor
For full details of the site and tenancy schedules contact Ray White Commercial.
Agent Tony Parker 0419 677798
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
262-272 Ross River Road AITKENVALE