This complex enjoys a landmark position at the junction of three main arterial roads and comprises 12 separate tenancies subject to leases capable of producing a fully let net income of approximately $173,701 per annum + GST.
273-275 Charters Towers Road, Mysterton
Ground floor
• 5 ground-floor commercial tenancies
• 4 leased, 1 vacant
• Total floor area of 390 sqm
• Tenants include Bakery, Chiropractor, Hair Salon & Accountant
First floor
• Recently converted from commercial offices to 3 self-contained residential apartments
• All 3 bedrooms, 2 bathroom
• 100% leased at 2 x $380 pw and 1 x $360 pw
• Total floor area of 342 sqm
• Rental income of $58,240 p.a.
277 Charters Towers Road, Mysterton
Ground floor only (single-level building)
• Completely refurbished in 2022
• Configured as 4 commercial tenancies
• Two tenancies have been combined and are subject to a long-term lease with F45
• Two tenancies are vacant and advertised for lease
• Total floor area of 738 sqm
• Includes secure storage units in the rear of the building which can be leased separately if desired
The property is managed by Ray White Commercial Townsville.
Please contact RWC Townsville to arrange an inspection or receive a copy of the information memorandum.