114 Charters Towers Road, Hermit Park, QLD 4812

Retail

For Sale Offers over $1,200,000

  • Property ID: 444465
  • Floor Area: 437m²
  • Land Area: 930m²
  • Occupancy: Vacant
Multi tenanted commercial investment - 3 tenancies

Located on one of Townsville's most popular commercial strips, with over 35,000 vehicles passing daily, 114 Charters Towers Road features:

• Land area: 930 sqm
• Building area: 437 sqm
• Configured as 3 separate retail tenancies
• Fully air-conditioned
• Rear concreted car park for 12 vehicles
• 2 x bathrooms
• Glass shopfronts

The property is fully leased to long-term local fashion & retail businesses, producing a net income of $86,943 per annum + GST.

Each tenancy is already strata-titled should the new owner wish to sell a portion of the property separately.

Sale: Offers over $1,200,000

For more information or to arrange an inspection, please contact Ray White Commercial Townsville.

Hermit Park Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $2595 $290 11.17%
Offices $4231 $451 10.66%
Industrial --- $170 ---
This is the average advertised price, rent and yield for Hermit Park, QLD 4812*

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

Days on Market data for Retail 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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