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5 Yeatman Street Hyde Park, QLD 4812

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5 Yeatman Street,
Hyde Park, QLD 4812

Showrooms & Large Format Retail • Offices • Warehouse, Factory & Industrial

Price information

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$805,000

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Floor area

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Map of 5 Yeatman Street

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Hyde Park Commerical complex with 8.5% net return

  • Professional offices and showroom
  • Flood free
  • Includes 12 storgae units
This versatile property is one of a kind in the Hyde Park area.
Extremely well presented, with exposure to Woolcock Street, 5 Yeatman Street includes:

-170m2 of air conditioned offices & showroom;
-150m2 of covered, lockable storage;
-12 tenanted storage units totalling 312m2;
-6 on site car parks, including 3 undercover.

The property is perfectly positioned only 3 minutes from the CBD and with easy access onto either Woolcock Street or Charters Towers Road.

The office, showroom and covered storage area is subject to a 3 + 3 year lease as of August 2019 at $35,496 per annum + GST.

The 12 storage units are leased and returning $50,220 per year + GST.

The property is returning a net income of approx. $71,897 per year + GST.

Contact marketing agents Ray White Commercial for more information.

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Property ID: 502305958Last Updated: 20 Jan 2020

0407 213 8...
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5 Yeatman Street
Hyde Park, QLD 4812
RWC - Townsville
Level 1, 41-51 Sturt Street
TOWNSVILLE CITY, QLD 4810
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