FOR SALE
$1,750,000

302- 314 Sturt Street
Townsville City QLD 4810

Bedrooms: -
Bathrooms: -
Car spaces: 18
Floor area: 905m2
Land area: 1518m2
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Price reduced on this landmark tenanted property

Blackwood House occupies a commanding corner position on the main arterial road in Townsville's CBD.
Land area 1518 square metres zoned Principal Centre CBD improved with a well presented multi tenanted
professional office complex configured as 10 separate tenancies with on site parking for 18 vehicles.
Offered subject to leases and a rental guarantee producing a gross income of $183,000 per annum + GST
Net income approximately $130,000 p.a. + GST
Contact RWC Townsville on 07 4726 7888

Property Details for 302- 314 Sturt St, Townsville City

Building Type
Commercial
Floor Size
905m2
Land Size
1518m2

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About Townsville City 4810

The size of Townsville City is approximately 2 square kilometres. It has 9 parks covering nearly 5.1% of total area. The population of Townsville City in 2011 was 2,500 people. By 2016 the population was 2,874 showing a population growth of 15.0% in the area during that time. The predominant age group in Townsville City is 20-29 years. Households in Townsville City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Townsville City work in a professional occupation. In 2011, 40.8% of the homes in Townsville City were owner-occupied compared with 37.1% in 2016.

Townsville City has 2,508 properties. Over the last 5 years, Houses in Townsville City have seen a 20.60% increase in median value, while Units have seen a 39.85% increase. As at 30 November 2024:

  • The median value for Houses in Townsville City is $704,352 while the median value for Units is $504,357.
  • Houses have a median rent of $535 while Units have a median rent of $500.
There are currently 39 properties listed for sale, and 70 properties listed for rent in Townsville city on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Townsville city.

Suburb Insights for Townsville City 4810

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Graeme Russell
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Taz Townsend
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Ray White Commercial Townsville
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.