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178-186 Hugh Street, 58-62 Keane Street, Currajong QLD, 4812

Development Potential
DETAILS
Major Industrial Holdings
  • Total Net Income $1,023,565* pa (+ GST)
  • Diverse Income Stream
  • Can be Sold as Two Separate Portfolios

The entire investment portfolio is being offered for sale either in one line or two separate portfolios as detailed below.

Combined Portfolio:
* 87 tenancies configured as office/showroom/warehouse units
* 2 complexes over multiple titles (Portfolio 1 & 2)
* Diverse income streams with low vacancy rate
* Building area: 13,413sq.m*
* Land area: 29,750sq.m*
* Returning $1,023,565 pa net plus GST* (Combined portfolios)

Portfolio 1:
178-186 Hugh Street & 8 Bain Street
* 14 Units with combined building area of 4,058sqm*
* Land area: 8,650sq.m*
* Current net income: $278,213 pa plus GST*

Portfolio 2:
58-62 Keane Street & 106 Dalrymple Road
* 73 Units with combined building area of 9,355sq.m*
* Land area: 2.11ha*
* Current net income: $745,352 pa plus GST*

The properties are being sold via a formal offers to purchase campaign.
Portfolio 1: Price Guide of over $5,000,000
Portfolio 2: Price Guide of over $10,000,000

For the full sale details or to arrange an inspection, please contact Shaun McLaren or Neville Smith at Colliers Townsville or Adrian Pascoe or Troy Townsend at Ray White Commercial.

* Approx.
^ Outlines / markups indicative only

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
For Sale:
TITLE:
Price details in description
Property Area
AREA:
29750 m² (*approx)
Property Type
TYPE:
Industrial,
Development Potential
DEVELOPMENT APPROVAL:
Industrial Development Opportunity (STCA)

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178-186 Hugh Street, 58-62 Keane Street, Currajong QLD, 4812

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