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Colliers - Townsville

153 Charters Towers Road Hyde Park, QLD 4812

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153 Charters Towers Road,
Hyde Park, QLD 4812

Offices • Medical & Consulting

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Multi-Tenancy Investment II 8% Net Return

  • Strong lease profile and tenant mix
  • Generous parking and exposure
- Net income of $285,858* pa (plus GST) showing a yield of 8%*
- 8 tenancies with a diverse mix of office and medical users
- Desirable tenancy sizes of 104m²* to 295m²*
- Total NLA of 1,492m²*
- Corner site totalling 1,887m² on one of Townsville's busiest roads
- Over 24,000* passing vehicles daily
- 32 on-site car parks including undercover bays
- 93%* leased with a 2 year rental guarantee provided on the only vacancy (104m²*)
- Modest current rent rates averaging $250* per m² gross, allowing for future growth

For further information or to arrange an inspection, please contact Todd Walsh at Colliers

*Approx.
^Outlines / Markups indicative only

Property ID: 504291780Last Updated: 29 Jan 2024

Colliers - Townsville

Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
0408 061 0...
Colliers - Townsville
153 Charters Towers Road
Hyde Park, QLD 4812
Colliers - Townsville
Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
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