Freehold Retail /Office Tenanted Investment with new lease extension - For Sale

This well maintained retail/office suite is positioned along Charters Towers Rd maximising the exposure to passing traffic.

The property is currently leased to "The Coloured House" specialising in blinds and interior decoration and features two open plan layouts with staff amenities.

Property details;
• Tenancy area: 275m2
• Land area: 372m2
• Lease renewal from 01/06/25 (pending new lease execution)
• Lease term: 3 years
• Rental: $65,643.19 pa gross plus GST
• Outgoings: $19,157.92
• Net rent: $46,485.27 pa plus GST

The property is being offered to the market via expressions of interest.

For further information please don't hesitate to contact Ray White Commercial Townsville today.

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