Inner-city residence + 5 commercial tenancies + warehouse

This is a truly unique fringe CBD property with an abundance of options for an investor or owner-occupier.

Located at the southern entrance to the Townsville CBD, this property has too many features to list, including:

• Land area: 583 sqm
• Zoned Mixed Use
• Total floor area: 566.4 sqm
• Capable of achieving a fully let net income of $96,634 per annum
• Current holding income from 3 commercial tenants

Floor areas include:

• Commercial building including 5 tenancies totaling 189 sqm
Each of these tenancies is self-contained with individual electricity supply and bathrooms, and has a strong track record of occupancy

• Commercial warehouse of 103 sqm
Ideal for a tradesperson looking for a convenient location and the potential to live on-site. This warehouse is accessed via Penny Lane and includes two bathrooms and electric roller door access.

• Highset residence of 274.4 sqm
Upstairs includes two large bedrooms, a sleepout, a full kitchen and bathroom including a spa bath, a rear deck, and stunning polished timber floors throughout
Downstairs includes a separate bathroom, laundry, secure storage, large office space, backyard, and parking for two vehicles.

The residence, warehouse, and two commercial office tenancies are offered with vacant possession, making this highly suitable for an owner-occupier.

For sale at Offers over $1,300,000.

Contact marketing agents RWC Townsville for more information and to arrange an inspection of this must-see property.

Inspections

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