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Colliers - Townsville

9 Hugh Ryan Drive Garbutt, QLD 4814

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9 Hugh Ryan Drive,
Garbutt, QLD 4814

Warehouse, Factory & Industrial

Price information

Sold

$705,000

Key property information

Land area

Floor area

Property extent

Tenure type

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Map of 9 Hugh Ryan Drive

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MULTI-TENANCY INVESTMENT - 8.5% NET RETURN

  • FULLY LEASED TENANCIES
  • RELIABLE INVESTMENT WITH STEADY INCOME
  • SOUGHT AFTER LOCATION FOR TENANTS
- Fully leased property with a current net income of $66,161 (plus GST) *
- 3 x completely independent tenancies each offering high clearance warehousing, air conditioned offices and internal amenities
- The multiple tenancy configuration makes for a reliable investment with steady income and a reduced vacancy risk
- Well positioned in Townsville's most sought after location for business and industry tenants
- Solid concrete block construction including inter-tenancy walls
- Immaculately presented modern complex with good access and car parking
- Building area of 489sq.m (plus mezzanine level)
- Land area of 1,005sq.m

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

* Approximate

Property ID: 502854890Last Updated: 15 Sep 2019

Colliers - Townsville
9 Hugh Ryan Drive
Garbutt, QLD 4814

Colliers - Townsville

Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810

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Colliers - Townsville
Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
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Shaun McLaren

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Shaun McLaren
Colliers - Townsville
9 Hugh Ryan Drive Garbutt, QLD 4814

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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