336 Flinders Street,
Townsville City, QLD 4810

Shops & Retail • Offices • Medical & Consulting

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CLASSIC CBD INVESTMENT WITH UPSIDE

Epicentre of Townsville's CBD
8 ground floor tenancies of 684sq.m*
Additional 900sq.m of space for revival

- Located at the epicentre of Townsville's CBD
- Iconic 1,010sq.m corner site with 3 street frontages
- Substantial income from 8 commercial and retail ground floor tenancies with a combined area of 684sq.m*
- Diversified tenant mix including coffee shops, convenience centre, travel agency, hairdresser and medical
- Net income of $245,904* (plus GST)
- Multiple conversion opportunities for vacant levels above totalling 900m* which have been largely stripped bare and are set for revival to commercial or residential uses (STCA)
- Rare opportunity to purchase a genuine prime piece income producing commercial property in Townsville's tightly held CBD

Expressions of Interest Closing 21 June 2018 at 4pm

For further details or to arrange an inspection please contact Todd Walsh at Colliers International

* Approximate

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Townsville City, 4810 demographic data

The median household income for Townsville City is $2,013, 34% higher than Regional Queensland's household income of $1,507. Townsville City has a younger age profile compared to the rest of Regional Queensland (median age 39 vs 41). Property ownership data shows 44% of property owners in Townsville City have a mortgage.

2,945

Population

$2,013 per week

Median household income

39 years

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