36-52 Duckworth Street, Garbutt, QLD 4814

Industrial | Showrooms

For Sale Contact Exclusive Agents

  • Property ID: 326466
  • Floor Area: 7167m²
  • Land Area: 34700m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
  • Cafes: 20+ nearby
INVESTMENT OPPORTUNITY

CBRE, as exclusive selling agents are delighted to offer for sale, 36-52 Duckworth Street, Garbutt Townsville QLD via an Expressions of Interest campaign.
The property is located in Townsville, regarded by the State and Federal Government as the ‘Capital of Northern Australia’. Located within Townsville’s prime showroom precinct. Comprising a modern, automotive dealership accommodating multiple new vehicle franchises, dedicated truck sales and servicing facility and used car center.
Improvements comprise office, display showroom, parts warehouse and service workshop with extensive vehicle display areas and a separate modern office/warehouse component with concrete hardstand and parking areas at the rear of the site fronting Duckworth Street. Other improvements comprise a used car sales office, extensive concrete hardstand and parking areas together with a balance land area currently used for staff parking and new vehicle storage overflow. This site was not impacted by the recent flood event.
Investment Highlights:
+ Large landholding of 34,730sqm
+ Fully Leased to ASX Listed A.P Eagers (ASX:APE) trading as Tony Ireland Holden
+ WALE 7.6 years (as at 1 March 2019)
+ Large frontage to Duckworth and Woolcock Streets
+ Multiple modern buildings
+ Future Expansion potential (STCA)
+ Tightly held precinct
+ Excellent access to Bruce Highway
For more information, please contact exclusive agents at CBRE.
The property is offered for sale via an Expressions of Interest, Thursday 4th April 2019 at 4:00pm AEDT

Garbutt Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3399 $164 4.82%
Offices $1996 $144 7.20%
Industrial $1771 $133 7.50%
This is the average advertised price, rent and yield for Garbutt, QLD 4814*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Agency Details

CBRE Brisbane

Level 3, Waterfront Place, 1 Eagle Street, Brisbane City, QLD 4000

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 36-52 Duckworth Street, Garbutt, QLD 4814. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • Disclaimer - We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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