281 - 285 Sturt Street Townsville City QLD 4810
- 656 m²
- For Sale, $1,890,000 (GST na)
CENTRALLY LOCATED CBD OFFICE SUITE - INVESTMENT PROPERTY
This CBD situated Office site is positioned only minutes away from the Strand, Palmer Street and Flinders Mall. The property has within the last five years undergone extensive refurbishment, including facade and tenancy fit-out.
Offered to the market, this commercial investment is returning 8.5% net at a purchase price of $1.89million. The rental rate is $245/m2 net.
3.5 years remain on the initial term certain with an option of 4 years.
Key features include:
High exposure along busy Sturt Street
Multiple floor options providing multiple tenancies
Accommodation for ten (10) cars
Adjacent to Birch Carroll and Coyle cinemas
Walking distance to major banks and post office
Client on street parking available
CBD land area of 928m2
Tenant - "Honeycombes Property Group" has been developing property for approximately 30 years.
For more information please contact Elders Commercial.
|Floor Area||656 m²|
|Land Area||928 m²|
|Energy||0-star NABERS Energy rating|
|Parking||10 x Onsite parkings|
|Annual Return||Ask Agent|
|Last updated||18 Feb 2020|