Landmark retail, office and car wash facility

This modern well presented complex of 1,329m2 NLA on three separate titles is anchored by a 9 year lease to the popular Twin Cities Car Wash and includes well established businesses all enjoying high exposure and on site parking for 62 vehicles.

The complex is well located on a main arterial road, with 84 metres of frontage and multiple vehicle crossovers. With over 27,000 vehicles passing daily, Charters Towers Road is 5 minutes from the Townsville CBD and this asset enjoys low vacancy rates.

The site was flood free in the 2019 monsoon rain event, and is well maintained.

This multi-tenant opportunity offers the ability for a strong diversified long term income stream. Passive investors will capitalise on the easy ability to obtain 100% occupancy with 9 separate tenancies configured within three separate buildings producing a current net income of approx. $342,500 per annum + GST. All office and retail tenancies feature quality office fit-out's and private amenities.

This is an extremely rare opportunity to acquire a truly well positioned asset. For further information contact managing agents Ray White Commercial Townsville on 4726 7888.

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