Townsville Commercial Property News

Infrastructure projects worth $9 billion, more jobs and rising confidence point to 2019 being a year of economic growth, according to the Colliers International Townsville quarterly commercial report.

Townsville’s northern growth corridor is continuing to develop at a rapid pace with a $3 million car wash the latest project to get the green light.

Free 15-minute parking will be introduced in Townsville’s CBD to encourage more people to come into the city. 

A north Queensland hotel bought for $1.45 million 30 years ago has sold for a sum believed to be in excess of $20 million.

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.

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.

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 …

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.

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 theaustralian.com.au/property.