Townsville Commercial Property News

Townsville commercial property news, commercial real estate market data, business news and insights.

Buy your own go-kart track and business for $1m
Here’s one to get the young at heart all revved up. A go-kart track and the business that accompanies it are for sale near Rockhampton, on Queensland’s central coast.
Calls for residential takeover of Townsville police academy
The property industry has called for some lateral thinking to create jobs and investment, stimulate the Townsville CBD and develop land that can be put to better use.
$6m for Pizza Hut, Subway, Burrito Bar and more
If investors are as hungry as the customers at this strip of shops in Townsville, there’ll be plenty of potential buyers ready to put it on their menu. The retail hub, which has eight shops …
Investors come hard for Queensland retail properties
West Australian-based syndicator Properties & Pathways has expanded its Queensland holdings by snapping up a large format retail centre in Townsville for $16 million as retail transactions in the state jump.
Retail giant H&M to open regional stores
Swedish fashion retailer H&M, which has focused its local expansion on Australia’s capitals, will this year roll out stores in the Queensland regional cities of Townsville and Rockhampton. This article originally appeared on
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.
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