Rare Industrial Opportunity With Development Upside
Exclusive selling agent E-Property Consultants NQ is pleased to offer for purchase this substantial holding in the popular Garbutt industrial precinct.
Totalling 2,024m2* across two titles with significant holding income and development upside the property offers opportunities for investors and future owner-occupiers alike.
Key Features:
6 Jackson Street:
– 150m2* secure iron-clad warehouse with front and side access
– 105m2* attached awning
– 1,012m2* fully-fenced site
– Subject to a lease expiring 01.11.2025
– Holding income of $20,560 (net) plus GST pa*
8 Jackson Street:
– 115m2* freestanding office / caretaker’s residence
– 370m2* masonry block open workshop
– 1,012m2* fully-fenced site
– Subject to a lease expiring 01.11.2024
– Holding income of $35,000 (net) plus GST pa*
General:
– “Medium Impact Industry” zoning
– 36%* site coverage facilitating future development
– Strategically situated 1.5km* from the Townsville Airport and 5.5km* from the Townsville CBD
– Convenient central location
– Flood-free location**
– Combined annual holding income of $55,560 (net) plus GST
*Approximately
**According to latest available data
Property Features
- Industrial/Warehouse
- Land is 2,024 m²
- Floor Area is 740 m²
Commercial Features
Highlight 1
Rare Garbutt Parcel
Highlight 2
Development Upside
Highlight 3
Significant Holding Income
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