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273-277 Charters Towers Road Mysterton, QLD 4812

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273-277 Charters Towers Road,
Mysterton, QLD 4812

Shops & Retail • Medical & Consulting • Showrooms & Large Format Retail

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Townsville main road commercial complex with 12 tenancies - two buildings

  • Multiple income streams
  • Net income $189,350
  • Mixture of commercial & residential
This complex enjoys a landmark position at the junction of three main arterial roads.

It comprises 12 separate tenancies subject to leases, producing a fully let net income of approximately $189,350 per annum + GST.

273-275 Charters Towers Road, Mysterton (Townsville)

Ground floor
• 5 ground-floor commercial tenancies
• Four leased, one vacant
• Total floor area of 390 sqm
• Tenants include a chiropractor, a hair salon, a phone repair store, a fashion boutique & accountant

First floor
• Recently converted from commercial offices to 3 self-contained residential apartments
• All three bedrooms, two bathrooms
• 100% leased
• Total floor area of 342 sqm
• Rental income of $61,100 p.a.

277 Charters Towers Road, Mysterton

Ground floor only (single-level building)
• Completely refurbished in 2022
• 100% leased
• Configured as four commercial tenancies
• Two tenancies have been combined and are subject to a long-term lease with F45
• Total floor area of 738 sqm
• Includes secure storage units in the rear of the building, which can be leased separately if desired

Please get in touch with RWC Townsville to arrange an inspection or receive a copy of the information memorandum.

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Additional information

Mysterton, 4812 demographic data

The median household income for Mysterton is $2,020, 34% higher than Regional Queensland's household income of $1,507. Mysterton has an older age profile compared to the rest of Regional Queensland (median age 43 vs 41). Property ownership data shows 54% of property owners in Mysterton have a mortgage.

793
Population
$2,020 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households
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273-277 Charters Towers Road
Mysterton, QLD 4812

Detailed listing

RWC - Townsville
Level 1, 41-51 Sturt Street
TOWNSVILLE CITY, QLD 4810

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