Freestanding Garbutt workshop with long term lease

18-20 Jackson Street is centrally located in Townsville's premier industrial suburb of Garbutt and features:

• Land area: 2,024 sqm, configured as two separate 1,012 sqm lots
• Building area: 777 sqm
• Zoned: Medium Impact Industry
• 5 x 5m roller doors
• Newly renovated offices including showroom for products, bathrooms, staff room and shower
• 3.2-tonne overhead gantry crane

Lease particulars include:
• Tenant: Northern Stone QLD, one of only two stonemasonry businesses in the Townsville area
• Rental: $140,000 per annum + GST
• Outgoings: 100% paid by Tenant (excl management fees)
• Lease term: 5 years commencing 18/07/2026
• Options: 2 x 3 years
• Annual increase to CPI or 3% (whichever is greater)
• Security: $38,500 bond held

The tenant has invested a significant amount into their fit out, plant and equipment, drainage and electrical upgrades.

Sale: $2,150,000

Contact marketing agents RWC Townsville today to avoid missing this secure tenanted investment opportunity .

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