For Sale
2 Oxley Street,
North Ward 4810, Queensland
Offers over $1,500,000 considered
Property details
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Agents
Landmark CBD mixed use investment property
Ray White Commercial are proud to present to the market "Leilani House" 2 Oxley Street, North Ward (Top of Denham Street).
Positioned on a prominent corner site in the tightly held suburb of North Ward, this is a versatile mixed-use property incorporating both commercial and residential accommodation
Property Highlights:
• 3 storey mixed use property
• 100% leased
• Land size: 645 sqm
• NLA: 475 sqm
• Current gross income: $118,200
• 4 x under cover carports (1 per tenancy)
• Additional open air parking
• Premium exposure at the rise of Denham Street
About the commercial:
• Lease expiring 02/06/2029 with 1 x 3 year option
• Current gross annual rental $48,000
• Professional offfice on the ground floor
About the Residential:
• 3 x residential apartments
• Current gross annual rental $70,200
• 2 bedrooms, 1 bathroom on first level
• 2 bedrooms, sunroom and 1 bathroom on second level
• Spectacular city and water views from all apartments
With Townsville experiencing one of Queensland's tightest rental markets and an ongoing shortage of quality accommodation, the city's economic fundamentals continue to strengthen. Combined with a growing regional economy and sustained demand from government, professional services and national businesses, the CBD offers investors outstanding long-term potential.
Whether you're seeking a secure investment or future owner-occupier opportunity, this property represents an opportunity to capitalise on Townsville's continued growth, limited supply of quality commercial assets and positive long-term market outlook.
Contact the team at RWC Townsville for more information or to arrange an inspection.
Positioned on a prominent corner site in the tightly held suburb of North Ward, this is a versatile mixed-use property incorporating both commercial and residential accommodation
Property Highlights:
• 3 storey mixed use property
• 100% leased
• Land size: 645 sqm
• NLA: 475 sqm
• Current gross income: $118,200
• 4 x under cover carports (1 per tenancy)
• Additional open air parking
• Premium exposure at the rise of Denham Street
About the commercial:
• Lease expiring 02/06/2029 with 1 x 3 year option
• Current gross annual rental $48,000
• Professional offfice on the ground floor
About the Residential:
• 3 x residential apartments
• Current gross annual rental $70,200
• 2 bedrooms, 1 bathroom on first level
• 2 bedrooms, sunroom and 1 bathroom on second level
• Spectacular city and water views from all apartments
With Townsville experiencing one of Queensland's tightest rental markets and an ongoing shortage of quality accommodation, the city's economic fundamentals continue to strengthen. Combined with a growing regional economy and sustained demand from government, professional services and national businesses, the CBD offers investors outstanding long-term potential.
Whether you're seeking a secure investment or future owner-occupier opportunity, this property represents an opportunity to capitalise on Townsville's continued growth, limited supply of quality commercial assets and positive long-term market outlook.
Contact the team at RWC Townsville for more information or to arrange an inspection.
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Contact Stacie Stockham
Contact Stacie Stockham
Stacie Stockham
2 Oxley Street, North Ward QLD 4810
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Stacie Stockham
2 Oxley Street, North Ward QLD 4810