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Colliers - Townsville

The South Yards, 24 Rooney Street Townsville City, QLD 4810

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The South Yards, 24 Rooney Street,
Townsville City, QLD 4810

Warehouse, Factory & Industrial • Development Sites & Land • Showrooms & Large Format Retail

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Colliers - Townsville

Colliers - Townsville

Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
Colliers - Townsville
The South Yards, 24 Rooney Street
Townsville City, QLD 4810

Map of The South Yards, 24 Rooney Street

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Townsville's Most Significant Investment Opportunity

  • 172,111sqm Mixed Use Zoned Site
  • Renewed 6 Year Lease to Wulguru Group
  • Strong Intrinsic Land & Building Value
+ Irreplaceable 172,111sqm* landholding bordering the Townsville CBD
+ Renewed 6 year lease to 2027 to strong performing tenant - Wulguru Group
+ Tenant responsible for all outgoings including repairs and maintenance plus capital expenditure
+ By far the largest and most strategically located site of scale in Townsville’s Metropolitan area
+ Located adjacent to the 25,000 seat, $300M QLD Country Bank Stadium
+ Mixed-use zoning allowing for a broad range of development outcomes
+ Significant infrastructure currently on site - over 14 buildings, 19 cranes and over 5km of rail line all owned by the landlord
+ Wulguru Group: one of the largest steel fabrication & engineering companies in northern Australia
+ Townsville: the staging point for the $27B of infrastructure projects underway in North QLD
+ Income: $903,612 pa increasing to more than $1,000,000 in 2022

For Sale by Expressions of Interest
Closing Wednesday 17 November 2021

Property ID: 503924942Last Updated: 20 Jan 2022

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Level 1, 42 Sturt Street
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