This well exposed corner site is home to long term tenant "Top Brand Cycles".
The property consists majority of 315m2 of open plan layout with offices and amenities accessing to the rear car park and storeroom.
Top Brand Cycles currently have a lease till late 2028 paying $73,355.63 pa gross plus GST.
Property detail;
Building area: 315m2
Land area: 647m2
Leased till late Aug 2028
Gross rent: $73,355.63 pa plus GST
Outgoings: $21,481.69 pa
Net rent: $51,873.94 pa plus GST
The property is being offered for sale via expressions of interest.
Contact Ray White Commercial Townsville to arrange an inspection today to avoid missing out.
The size of Hermit Park is approximately 2.2 square kilometres. It has 5 parks covering nearly 26.4% of total area. The population of Hermit Park in 2011 was 3,520 people. By 2016 the population was 3,423 showing a population decline of 2.8% in the area during that time. The predominant age group in Hermit Park is 20-29 years. Households in Hermit Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hermit Park work in a professional occupation. In 2011, 48.1% of the homes in Hermit Park were owner-occupied compared with 47% in 2016.
Hermit Park has 2,075 properties. Over the last 5 years, Houses in Hermit Park have seen a 102.75% increase in median value, while Units have seen a 109.11% increase. As at 28 February 2025:
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