This substantial multi-tenancy office complex is located within the Garbutt industrial precinct, just off Ingham Road and 1.7 kilometres from the Townsville Airport.
The property is Lot 2 within the 3 Ramsay Street group title plan and features:
• Building area: 1,295 sqm over two levels
• Currently configured as 3 self-contained tenancies
• Ability to configure as 5 tenancies or more
• 36 allocated on-site car spaces
• Total site area of 3,278 sqm with drive-around access
• Holding income via one commercial lease over 354 sqm at $46,200 per annum including GST
• Solid concrete construction
• Extensive refurbishment works completed by the current owner
• Ability to strata title and sell as smaller tenancies (STCA)
• Ability to install lift to provide disabled access to the first floor (plans drawn)
Contact Ray White Commercial on 07 4726 7888 to arrange an inspection.