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259-269 Charters Towers Road Mysterton, QLD 4812

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259-269 Charters Towers Road,
Mysterton, QLD 4812

Shop & Retail • Offices • Medical & Consulting

Price information

Sale

$5,750,000

Key property information

Land area

Floor area

Car spaces

Parking info

Property extent

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$342,500
Number of Tenants
7 Tenants

Private inspections

to arrange a private inspection.

Map of 259-269 Charters Towers Road

Directions
  • Bus stops within 5 km of 259-269 Charters Towers Road, Mysterton, QLD 4812Distance
    Charters Towers Rd at Jameson Street75 m
    Queens Rd at Halloran Street151 m
    Ross River Rd at Rising Sun359 m
    Charters Towers Rd at Townsend Street363 m
    Bowen Rd at Rising Sun390 m
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Landmark retail, office and car wash facility

  • Tenant Investment
  • High Profile Building
  • Anchored by 9 year lease
This modern well presented complex of 1,329m2 NLA on three separate titles is anchored by a 9 year lease to the popular Twin Cities Car Wash and includes well established businesses all enjoying high exposure and on site parking for 62 vehicles.

The complex is well located on a main arterial road, with 84 metres of frontage and multiple vehicle crossovers. With over 27,000 vehicles passing daily, Charters Towers Road is 5 minutes from the Townsville CBD and this asset enjoys low vacancy rates.

The site was flood free in the 2019 monsoon rain event, and is well maintained.

This multi-tenant opportunity offers the ability for a strong diversified long term income stream. Passive investors will capitalise from the easy ability to obtain 100% occupancy with 9 separate tenancies configured within three separate buildings producing a current net income of approx. $342,500 per annum + GST. All office and retail tenancies feature quality office fit-out's and private amenities.

This is an extremely rare opportunity to acquire a truly well positioned asset. For further information contact managing agents Ray white Commercial Townsville on 4726 7888.

Property ID: 503931966Last Updated: 14 Jan 2022

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259-269 Charters Towers Road
Mysterton, QLD 4812
Ray White Commercial - Townsville
Level 1, 41 Sturt Street
TOWNSVILLE CITY, QLD 4810
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