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29 Marion Street Charters Towers City, QLD 4820

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29 Marion Street,
Charters Towers City, QLD 4820

Shops & Retail

Price information

Sold

$163,000

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Floor area

Car spaces

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Map of 29 Marion Street

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Freestanding Retail Butcher Shop - 7.5% Net Return

  • Net Income $13,950
  • 946 sqm corner site
  • Lease expiry September 2024
This freestanding building comes with a substantial land area of 946 sqm and a successful long term tenant in place.

A butcher has occupied this site for the last 100 years and the property is subject to a commercial lease returning $13,950 per year net, expiring on the 16th of September 2024 with options.

Particulars include:
• Land area of 946 sqm
• Retail building area of 82 sqm
• The business services an average of 100 customers per day
• Approx 7.5% net return
• Well maintained property on a corner site
• Fully air-conditioned building

Charters Towers is one of the most beautiful inland cities in Queensland, with its unrivaled architecture and unique history. To many, Charters Towers is a surprising pleasure and a delight to visit.

With a population of 11,676, Charters Towers is located 130 km southwest of Townsville. Charters Towers became a gold rush town when gold was discovered in 1871. During the 1880s and 1890s, the town grew and prospered. It was a sign of the extent of local business activity, that one of Australia's few regional stock exchanges was established at Charters Towers in 1890.

Sale price: $185,000.

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

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Property ID: 504228308Last Updated: 22 Dec 2022

0407 213 8...
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29 Marion Street
Charters Towers City, QLD 4820
RWC - Townsville
Level 1, 41-51 Sturt Street
TOWNSVILLE CITY, QLD 4810
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