Townsville Commercial Property News

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Retail giant H&M to open regional stores

Mental asylum becomes residential community

A former mental hospital in Charters Towers is being given a $40 million overhaul that will turn the site into a masterplanned community, unique to the region.

Investors chase soaring yields in Townsville

Cast your commercial property radar beyond the capital cities and there are bargains to be found, with sumptuous investment yields approaching 10%.

NBL team’s old digs still chasing buyer

For little more than the price of the average home in Sydney, you can own a basketball facility that just last year belonged to a professional team.

‘People’s Palace’ finds new rulers

A Salvation Army building known as the “People’s Palace” and operated as a cheap hotel for 104 years has sold for more than $2.7 million.

Trophy waterfront site floated in Townsville

A prime 2.96ha waterfront development site in the heart of Townsville’s Breakwater Marina and near the Townsville Entertainment and Convention Centre has been placed on the market.

SCA continues big week with $33m Townsville buy

SCA Property Group has followed news of a 23% profit lift with the purchase of Townsville’s Annandale Central Shopping Centre.

Investor thirst tipped for Townsville watering hole

One of Townsville’s most popular pubs has been listed for sale in a move that is expected to attract interest from investors looking to secure a presence in North Queensland’s hospitality industry.

Townsville Council calls time on Thuringowa offices

Townsville City Council has placed its premium Thuringowa offices on the market as it relocates its administrative services.

Queensland shop demand reaches Vincent

A lack of opportunities in the metropolitan market is driving an increasing appetite for regional Queensland shopping centre assets.

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