Townsville Commercial Property News

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

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.
Deals: Rush tipped for Melbourne UniLodge
A 281-bed student accommodation facility for sale in Melbourne headlines this week’s major property moves.
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