30 Civil Road, Garbutt, QLD 4814

Industrial

Sold

  • Property ID: 435449
  • Floor Area: 1030m²
  • Land Area: 2053m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 23/11/2023 1030m2 2053m2 Contact Agent
Multi Tenanted A-Grade Industrial asset

30 Civil Road, Garbutt (Townsville) QLD 4814

• Outstanding occupancy track record
• Modern construction, built 2019
• Net income $203,800 p.a. + GST

This is one of the finest industrial assets to hit the Townsville market in 2023.

Known as Biz Link, this complex has enjoyed full occupancy during its 4 years of operation and has been highly sought after by small to medium businesses.
The complex was constructed in 2019 and comprises 12 self-contained tenancies ranging in size from 50 sqm to 145 sqm and having a total net lettable area of 1,030 sqm.

Tenants include an industrial electrician, painting contractor, workwear manufacturer and general business storage.

Features include:
• Attractive, high clearance, architectural design with good street appeal
• Fully secure complex with auto-timed electric gates
• Glass shopfronts and electric roller door access to each unit, with 8 of 12 units on the street front for premium exposure
• Two common area bathrooms plus cleaners storage
• 14 on-site car parks
• Fully concreted, extremely low maintenance corner site
• Central location with close proximity to Townsville's main commercial and industrial precincts, Townsville Airport and bulky goods precinct

This property will appeal to the astute investor seeking guaranteed income and rental growth for many years to come.

Ray White Commercial are pleased to offer this exceptional investment for sale at $3,150,000.

Garbutt Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $1702 $235 13.80%
Industrial $2144 $196 9.14%
Retail --- $196 ---
This is the average advertised price, rent and yield for Garbutt, QLD 4814*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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