For Sale: 86-92 Charters Towers Rd, Hermit Park QLD 4812

This is an ideal location at the gateway to Townsville's CBD, only metres from the Bruce Highway, stands this imposing two storey structure which was heavily over engineered when constructed in the late 1970's and remained mostly unaffected by the 2019 Townsville floods.

Originally designed to house a soft drink bottling company known as Phillips Cordials, it was then occupied by Carlton United Breweries until becoming the successful home of Ede Events & Party Hire for 30 plus years.

The main structure is very well constructed and extremely well engineered in order to carry significant loads on both levels. This structure offers a total of 2,000m²* over both levels plus the additional 400m²* annex at the rear of the ground floor. The total building area is 3,000m²* including both levels and the secondary structure which totals approximately 600m²*.

With conversion, this secondary structure is likely to be partially or fully removed to provide abundant car parking for the future users of the property. The building is ideally suited to a multi tenanted, mixed-use conversion including the likes of retail showrooms, medical, child care and professional offices with even the potential of first floor residences.

The mostly regular shaped parcel consisting of four titles is zoned mixed use and boasts a 64m* frontage and 40m* depth with a total area of 2,492m²*. The total existing building footprint is circa 2,000m²* which allows for excellent onsite parking of more than 20 cars with potential to increase significantly with the removal of the secondary structure.

This highly exposed location on one of Townsville's major arterial roads close to the CBD is destined for a new lease on life following a modern upgrade and conversion which will appeal to a range of uses and tenants.

For more information or to arrange an inspection, please contact: exclusive marketing agents at Pascoe Commercial.