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316-324 Sturt Street Townsville City QLD 4810

  • Medical / Consulting
  • 1,901 m²
  • For Sale, $4,400,000 (GST na)

Freestanding multi-tenanted Townsville CBD investment

  • 7% Net Return
  • Net income of $308,508 per year + GST
  • 38 on-site car spaces

- Net income of $308,508 per year + GST, showing a yield of 7%.

- 10 tenancies throughout with the majority tenanted
- Two-year rental guarantee provided on all vacancies
- Additional income provided by a newly installed digital billboard on a 20-year lease
- Rental upside available with an average rental rate of under $220 per sqm gross + GST
- Located in the heart of Townsville's CBD
- 2,552 sqm site with two street frontages
- 38 On-site car parks including 17 undercover
- Tenants include a mixture of office and allied health users.

For further information please contact Ray White Commercial

Property Highlights

Floor Area1,901 m²
Land Area2,552 m²
Energy0-star NABERS Energy rating
Parking38 x Onsite parkings
Annual Return7%
AvailabilityVacant
Property ID2017776882
Category
Last updated  3 May 2022
Map for 316-324 Sturt Street Townsville City QLD 4810

Property Highlights

Floor Area1,901 m²
Land Area2,552 m²
Energy0-star NABERS Energy rating
Parking38 x Onsite parkings
Annual Return7%
AvailabilityVacant
Property ID2017776882
Category
Last updated  3 May 2022
Level 1, 41 Sturt Street Townsville City QLD 4810
Troy Townsend
Troy Townsend
Ray White Commercial Townsville

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