» »
Multi Tenanted CBD Investment Property

Suites 5-8, 95 Denham Street, TOWNSVILLE CITY QLD, 4810

For Sale

Property for Sale in Suites 5-8, 95 Denham Street, TOWNSVILLE CITY QLD, 4810

Listing ID:
11359520
Status:
Active
For:
Sale
Price:
Offers To Purchase Circa $550,000
Last Updated:
11/09/2019
Icon building

Property Type

Offices/Retail/Medical/Consulting
Icon square

Land Area

313 SQM
Icon size

Floor Area

313 SQM
Icon parking

Parking

N/A

Multi Tenanted CBD Investment Property

Denham Arcade is a well known landmark from yesteryear in the Townsville's CBD housing various office, retail and service related businesses. 4 individual strata titled lots, configured as 5 tenancies are now offered to the market subject to leases producing a gross income of $59,397 per annum + GST.

- Suite 5 (43m2): Leased to Leads Consultants
- Suite 6 (36m2): Leased to Sturrock Grindrod Maritime
- Suite 7 (54.20m2): Vacant, being advertised for lease at $1,200 per month + GST
- Suite 7a (52.80m2): Leased to Eraza Laser Clinic
- Suite 8 (127m2): Leased to Betty Blue Cafe

The property will benefit from future rental growth in a recovering CBD market.

Major works have been carried out to modernise the arcade including a full refurbishment of the common areas and bathrooms in 2014 and a new roof installed late 2018.

This property was unaffected by the floods in February 2019 and would ideally suit investors or owner occupiers.

For further information of to arrange an inspection please contact Ray White Commercial today.

For more details, please email agent

Ray White Commercial Townsville

Suite 2, 41 Sturt Street, Townsville, QLD 4810


More properties from Ray White Commercial Townsville
For Sale & Lease
331 Bayswater Road, GARBUTT QLD, 4814

331 Bayswater Roa...

Industrial/WarehouseOffices
For Lease
41 Corporate Crescent, GARBUTT QLD, 4814

41 Corporate Cres...

Industrial/Warehouse
For Lease
237 Charters Towers Road, MYSTERTON QLD, 4812

237 Charters Towe...

RetailOfficesMedical/Consulting
For Sale
Lot 17 Northern Link Industrial Park, SHAW QLD, 4818

Lot 17 Northern L...

Land/Development
Leased
6/40 Thuringowa Drive, THURINGOWA CENTRAL QLD, 4817

6/40 Thuringowa D...

OfficesMedical/ConsultingRetail
For Sale
107-111 Eighth Avenue, HOME HILL QLD, 4806

107-111 Eighth Av...

RetailOfficesShowrooms/Bulky Goods
More properties from Townsville City
For Lease
197 Flinders Street, TOWNSVILLE CITY QLD, 4810

197 Flinders Stre...

Retail
For Lease
80 Denham Street, TOWNSVILLE CITY QLD, 4810

80 Denham Street,...

RetailOffices
For Lease
Suite 12, 358 Flinders Street, TOWNSVILLE CITY QLD, 4810

Suite 12, 358 Fli...

Offices
For Lease
122 Walker Street, TOWNSVILLE CITY QLD, 4810

122 Walker Street...

Offices
For Sale
41- 51 Sturt Street, TOWNSVILLE CITY QLD, 4810

41- 51 Sturt Stre...

Offices
For Lease
1/ 261 Flinders Street, TOWNSVILLE CITY QLD, 4810

1/ 261 Flinders S...

RetailOffices
Loading...