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Fully Tenanted Investment on Main Road

74 Charters Towers Road, HERMIT PARK QLD, 4812

For Sale

Property for Sale in 74 Charters Towers Road, HERMIT PARK QLD, 4812

Listing ID:
11330440
Status:
Active
For:
Sale
Price:
Circa $2,000,000
Last Updated:
26/08/2019
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Property Type

Showrooms/Bulky Goods/Retail/Offices
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Land Area

3372 SQM
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Floor Area

1390 SQM
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Parking

60

Fully Tenanted Investment on Main Road

74 Charters Towers Road is a fantastic opportunity to secure a large well positioned site with re-development potential.

This standalone, fully tenanted investment has in excess of 80 meters of frontage to Charters Towers Road, a main arterial road servicing the CBD and many Townsville suburbs.

There are 25,000+ cars passing daily, and other leading brands including Ford, Mercedes, United and Officeworks adjacent to this property.

The 1390m2 masonry and steel portal frame building is currently configured as two tenancies of 695m2 each, Alphalete Fitness & Cheap Cars Townsville.

Cheap Cars Townsville (AP Eagers Group) hold 1 + 1 year lease started July 2018 whilst Alphalete Fitness hold 5 + 5 year net lease started Nov 2015.

Current gross income is approximately $165,000 plus recoverable outgoings.

There is a rear loading area servicing the tenancies that is suitable for trucks.

To arrange an inspection contact Ray White Commercial.

For more details, please email agent


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Ray White Commercial Townsville

Suite 2, 41 Sturt Street, Townsville, QLD 4810


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