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Tenanted CBD Office Building with Long Term Lease

281-285 Sturt Street, TOWNSVILLE CITY QLD, 4810

For Sale

Property for Sale in 281-285 Sturt Street, TOWNSVILLE CITY QLD, 4810

Listing ID:
11364900
Status:
Active
For:
Sale
Price:
Expression of Interest Closing Monday 4th November
Last Updated:
19/10/2019
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Property Type

Offices/Retail/Medical/Consulting
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Land Area

928 SQM
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Floor Area

670 SQM
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Parking

10

Tenanted CBD Office Building with Long Term Lease

Situated on Sturt Street in the centre of the Townsville Business District is this unique investment opportunity for sale via Expression of Interest, with a new long term lease in place. The stand-alone building consists of 670m2 of NLA and is set on a large 928m2 allotment built over 2 titles. It is also unique in that it has a separate stand-alone building at the rear with access via Blackwood Street.

The property offers the following:

• Total building area: 670sqm.
• 928sqm allotment, principal centre(CBD)zone.
• 10 on-site car parks.
• Well established leaseholder in place.
• Newly signed 4 plus 4-year lease.
• Current net rental $160,800 per annum plus GST.
• Ability in the future for separate tenancies.
• A grade office fit-out.
• Large boardroom, full kitchen facilities, large reception/waiting area.
• Open plan and separate office space throughout.

The property is being offered via Expression of Interest closing on the 4th November 2019 at 4pm, please contact Peter McCann at Ray White Commercial Townsville on 07 47267888 to arrange an inspection or request an Information Memorandum.

For more details, please email agent

Ray White Commercial Townsville

Suite 2, 41 Sturt Street, Townsville, QLD 4810


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