235 Flinders Street East,
Townsville City, QLD 4810
Shops & Retail
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Map of 235 Flinders Street East
ENTRY LEVEL CBD INVESTMENT
- Diverse income stream from dual tenants
- Street to street CBD parcel with parking
- Significant upside in below market rents
This entry level CBD asset is ideally positioned on a 304 m²* street to street parcel in Townsville’s premier entertainment precinct of Flinders St East and boasts two individual restaurant tenancies on separate floors with two rear car parks. Each tenancy boasts full kitchen facilities at the rear connected to grease traps along with their own M/F amenities.
The ground floor of 126 m²* is occupied by Taj Mahal Indian Cuisine and the upper floor of 184 m²* is occupied by Wild Rice Laos & Thai Cuisine, both of which are long standing successful offerings in this location.
With a combined rental of $50,000 pa gross and significant upside in the current rental rates, investment into this property and the resurging Townsville CBD should ensure consistent returns and capital growth in the years to come.
For more information or to arrange an inspection, please contact exclusive marketing agents:
James Pascoe, Colliers International
The ground floor of 126 m²* is occupied by Taj Mahal Indian Cuisine and the upper floor of 184 m²* is occupied by Wild Rice Laos & Thai Cuisine, both of which are long standing successful offerings in this location.
With a combined rental of $50,000 pa gross and significant upside in the current rental rates, investment into this property and the resurging Townsville CBD should ensure consistent returns and capital growth in the years to come.
For more information or to arrange an inspection, please contact exclusive marketing agents:
James Pascoe, Colliers International
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Property ID: 502983626Last Updated: 20 May 2019
07 4722 24...
235 Flinders Street East
Townsville City, QLD 4810
Colliers - TownsvilleLevel 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
TOWNSVILLE CITY, QLD 4810
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