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340 Stuart Drive Wulguru, QLD 4811

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340 Stuart Drive,
Wulguru, QLD 4811

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Thriving Suburban Shopping Centre

Colliers International Townsville is excited to offer for sale this fantastic suburban shopping complex. Located in the suburb of Wulguru, this property is ideally positioned on Stuart Drive servicing Wulguru and the adjoining suburbs with little or no competing retail complexes in the immediate area.

Only recently refurbished, the complex consists of 9 complimentary tenants, with the majority having new leases in place. The property adjoins the Stuart Hotel/Motel and Wulguru BP Service Station, and offers good vehicle access, car parking and exposure.

Adjoining the property on the opposite side is 2,024sqm of commercial vacant land, allowing for immediate expansion and development.

- Recently refurbished multi tenanted retail complex
- Prime location with main road exposure
- Good access with ample on site car parking
- Currently returning $205,000 per annum net approximately
- Fully let with long leases in place
- Building: 687m2; Land: 3036m2
- Additional 2024m2 of vacant land for future expansion

For further information please contact:
James Pascoe 0411 296 070.

Property ID: 5598227Last Updated: 16 May 2014

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340 Stuart Drive
Wulguru, QLD 4811
Colliers - Townsville
Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810

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