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153 Charters Towers Road
Hyde Park QLD 4812
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Sold on 23 Nov 2023

153 Charters Towers Road Hyde Park QLD 4812

  • Offices
  • 1,492 m²
  • Sold

Multi-Tenancy Investment II 8% Net Return

  • Strong lease profile and tenant mix
  • Generous parking and exposure

- Net income of $285,858* pa (plus GST) showing a yield of 8%*
- 8 tenancies with a diverse mix of office and medical users
- Desirable tenancy sizes of 104m²* to 295m²*
- Total NLA of 1,492m²*
- Corner site totalling 1,887m² on one of Townsville's busiest roads
- Over 24,000* passing vehicles daily
- 32 on-site car parks including undercover bays
- 93%* leased with a 2 year rental guarantee provided on the only vacancy (104m²*)
- Modest current rent rates averaging $250* per m² gross, allowing for future growth

For further information or to arrange an inspection, please contact Todd Walsh at Colliers

*Approx.
^Outlines / Markups indicative only

Colliers Townsville
Colliers Townsville
Federation Place, Level 1, 42 Sturt Street
Townsville City, QLD 4810

Property Highlights

Date Sold23 Nov 2023
Floor Area1,492 m²
Land Area1,887 m²
EnergyAsk Agent
Parking32 x Onsite parkings
Building TypeWhole building
Property ID2018453403
Category
Last updated  22 Dec 2023
Map for 153 Charters Towers Road Hyde Park QLD 4812
Colliers Townsville
Colliers Townsville
Federation Place, Level 1, 42 Sturt Street
Townsville City, QLD 4810

Property Highlights

Date Sold23 Nov 2023
Floor Area1,492 m²
Land Area1,887 m²
EnergyAsk Agent
Parking32 x Onsite parkings
Building TypeWhole building
Property ID2018453403
Category
Last updated  22 Dec 2023

Listed by

More about 153 Charters Towers Road Hyde Park QLD 4812

153 Charters Towers Road Hyde Park QLD 4812 is categorized as Office. It has a floor area of 1,492 m². There are 32 x onsite parkings.The listing ID for this property is 2018453403.

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