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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

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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

Garbutt, 4814 demographic data

The median household income for Garbutt is $1,082, 28% lower than Regional Queensland's household income of $1,507. Garbutt has an older age profile compared to the rest of Regional Queensland (median age 42 vs 41). Property ownership data shows 57% of property owners in Garbutt have a mortgage.

2,309
Population
$1,082 per week
Median household income
42 years
Median age
Renters
Most residents
Families
Most households

Colliers - Townsville

Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
Colliers - Townsville
9 Hugh Ryan Drive
Garbutt, QLD 4814
Colliers - Townsville
Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810

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