281-285 Ross River Road, Aitkenvale, QLD 4814

Medical | Offices | Retail

For Sale Contact Agent

  • Property ID: 329677
  • Floor Area: 1624m²
  • Land Area: 2428m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
  • Cafes: 18 nearby
High Yielding Medical and Professional Office Building - Renewed 10 Year Lease to Medical Surgery

Cushman & Wakefield are pleased to present to the market 281-285 Ross River Road, Townsville for sale via an Expressions of Interest campaign closing Thursday 16 May 4pm.
The property has the following key characteristics:
• Long standing tenants, excellent occupancy history
• 10 year lease to multi-practice medical surgery
• Arthur J Gallagher - NYSE Fortune 500 Insurance company, market cap of $14.15 Billion
• Mater Health Services - Healthcare giant
• Queensland Government - North Queensland Persistent Pain Management Service
• Guaranteed rental growth - fixed 4% and 3.5% increases
• Large 2,428 sqm site with important and convenient 45 on title car parks plus on street parking
• High profile 60m frontage to major arterial road
• 300m to Stockland Townsville - Myers, Woolworths, BWS, Medibank, Comm Bank + more
• Strategically located amongst - Medical Centre, QML Pathology, Centrelink and Max Employment
• Townsville - Capital of North QLD, population of 186,757. GRP $13.38 Billion
• Net income $471,122 pa + GST
For more information please contact the Exclusive agents at Cushman & Wakefield.

Aitkenvale Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2797 $302 10.80%
Retail $2578 $288 11.19%
Industrial $1735 $99 5.70%
This is the average advertised price, rent and yield for Aitkenvale, 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

Cushman & Wakefield Brisbane

5 Edmund Street, Newstead, QLD 4006

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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 281-285 Ross River Road, Aitkenvale, 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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