146-160 Denham Street is offered to the market with vacant possession for the first time in living history.
Constructed in 1967 as a purpose built function centre, this property has operated as a successful function and meeting place for the business community.
Positioned on an elevated position in Townsville CBD with close proximity to the Townsville Law Courts, City Council chambers and The Strand, the property could be easily adapted to a variety of uses including professional offices, accommodation, health services, hospitality and more.
The property features:
• Land area 1,495 sqm
• Zoned Principal Centre (CBD)
• Total building area 485 sqm
• Main floor plate of 415 sqm with attached two storey, self contained care takers residence
• 34 secure on-site car spaces including 10 undercover
• Solid concrete construction with the possibility to enclose the undercover parking level or build on top
• Fully air conditioned
• Fully functional commercial kitchen with grease trap
• Holding income via residential tenant and car parking tenants
Townsville is the 13th largest city in Australia, and is home to the largest population base in Northern Australia. The Townsville Region is home to one of the most diverse economies in Australia with a Gross Regional Product of $15.8 billion.
For sale via Expressions of Interest closing at 5pm on 27 June 2023.
Please contact marketing agents Ray White Commercial Townsville to receive an information memorandum or arrange an inspection.