SOLD

Site Area 6,167m2
Buildings NLA of 1,372m2 (approx) across 5 tenancies
Car Spaces Ample customer car paring on-site for 98 vehicles

Located homeward bound 3km from the Townsville CBD. The Property offers exceptional exposure with over 100 metres of frontage to Townsville’s major trunk road, Woolcock Street. The property enjoys over 30,000 cars passing daily and sits at one of Townsville’s busiest intersections, namely the corner of Hugh & Woolcock Streets.

Positioned in one of Townsville’s major residential catchment areas with a residing population of over 15,000 people. Within a 2 kilometre radius of this catchment area a host of facilities are also accommodated including:

• Pimlico State High School
• Woolcock Bulky goods complex
• Marian Catholic School
• McDonalds Family Restaurant
• Mater Private Hospital
• Allied Health Services
• Garbutt Shopping Centre
• Ergon Energy Corporate
• Townsville City Council Operations Centre
• Castle Town Shopping Centre
• Townsville Show Grounds
• Childcare
• Hugh Street Rugby Grounds

The Property offers a modern constructed commercial retail/convenience centre comprising of 2 standalone buildings and 98 onsite car parks positioned amongst one of Townsville’s most popular food precincts. Accompanying tenants include McDonalds, Red Rooster, Pizza Hut, Zarraffas and Noodle Box. The subject property consists of existing tenants Collins Food Group (Sizzler), Subway, Yummy Noodle Box and the Chinese Tea House along with a 316m2 tenancy formally home to Video Ezy for many years, to be demolished under new DA.

key features

• $374,083 Gross rental income
• Mixed use zone
• Development Approval (DA) for drive-thru addition
• High Profile retail precinct tenants include Subway and Sizzler