Versatility and Exposure - Investor or Owner-Occupier Opportunity on Ingham Road
E-Property Consultants NQ is pleased to offer to the market this highly exposed, mixed-use property which offers opportunities for the investor or owner-occupier alike.
Situated on a major arterial route with direct access to the Bruce Highway and only 6km* from the Townsville Airport and 11km* from the Townsville CBD.
The property enjoys holding income from existing tenants including a 3-bedroom residence and also has conditional approval for an optional licensed venue.
Key Features:
– 350sqm* retail strip of masonry block construction comprising 4 separate tenancies
– 3-bedroom high-set residence to rear of property
– 40kW solar system installed in 2023 for the benefit of the tenants
– Main road exposure with ample parking on-site
– Partial laundromat fit out in Shop 4 – the current owner is prepared to complete and lease this back or this can be taken on by the new owner
– Conditional approval for a licensed venue
– Option to include 940 Ingham Road in the sale (long lease to an established mechanical operation and a giant digital billboard provides an additional income stream)
– Substantial 1,640sqm* site zoned for “Medium Impact Industry”
– Significant holding income estimated at $73,000 (net) plus GST pa
*Approximately
Property Features
- Retail
- Land is 1,640 m²
- Floor Area is 70 m²
Commercial Features
Highlight 1
Investor Or Owner-Occupier Opportunity
Highlight 2
Main Road Exposure
Highlight 3
Significant Holding Income
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