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216 Woolcock Street Townsville City, QLD 4810

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216 Woolcock Street,
Townsville City, QLD 4810

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FULLY LEASED LARGE FORMAT RETAIL CENTRE IN HIGH GROWTH LOCATION

  • Net Income: $1,188,557 per annum*
  • 7,563sqm* LFR Retail Investment
  • Main Trade Area population of 236,540
7,563sqm* LFR Retail Investment - 100% leased to strong national tenants including Fantastic Furniture, Toyworld and lntersport.

45% of the income is secured to Fantastic Holdings, a subsidiary of the global retailer Steinhoff International.

Prominently positioned on one of Townsville’s busiest intersections with exposure to over 16,000,000* vehicles per annum.

The Main Trade Area population of 236,540 is growing at 1.5% p.a.^ and is forecast to see retail expenditure increase from $3.1bn to $6.42bn by 2031 - a 202%^ increase, with household income 13.7% above the Queensland Average.

Townsville City Deal with Federal and State Government to drive investment spending and growth.

Expansive 17,604sqm* dominant site with 183m* frontage to Woolcock street and convenient at grade car parking for 200
vehicles.

Net Income: $1,188,557 per annum*

For Sale by Expressions of Interest Closing 10th August 2017 at 4:00pm

Property ID: 502471546Last Updated: 9 Feb 2024

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216 Woolcock Street
Townsville City, QLD 4810
CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street
BRISBANE CITY, QLD 4000
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