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.
+ 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