OFF MARKET

259-261 Charters Towers Road
Mysterton QLD 4812

Bedrooms: -
Bathrooms: -
Car spaces: 62
Land area: 980m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 259-261 Charters Towers Rd, Mysterton

Building Type
Commercial
Land Size
980m2
Local Government
Townsville City
Lot/Plan
1/GTP106489

Last Listing description (January 2022)

This modern well presented complex of 1,329m2 NLA on three separate titles is anchored by a 9 year lease to the popular Twin Cities Car Wash and includes well established businesses all enjoying high exposure and on site parking for 62 vehicles.

The complex is well located on a main arterial road, with 84 metres of frontage and multiple vehicle crossovers. With over 27,000 vehicles passing daily, Charters Towers Road is 5 minutes from the Townsville CBD and this asset enjoys low vacancy rates.


The site was flood free in the 2019 monsoon rain event, and is well maintained.

This multi-tenant opportunity offers the ability for a strong diversified long term income stream. Passive investors will capitalise on the easy ability to obtain 100% occupancy with 9 separate tenancies configured within three separate buildings producing a current net income of approx. $342,500 per annum + GST. All office and retail tenancies feature quality office fit-out's and private amenities.

This is an extremely rare opportunity to acquire a truly well positioned asset. For further information contact managing agents Ray White Commercial Townsville on 4726 7888.

Show More

Property History for 259-261 Charters Towers Rd, Mysterton, QLD 4812

A timeline of how this property has performed in the market
Last Sold
$1,200,000
28 Nov 1994
  • 15 Oct 2021
    Listed for Sale Expressions of Interest
  • 28 Nov 1994
    Sold for $1,200,000

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Mysterton 4812

The size of Mysterton is approximately 0.6 square kilometres. It has 3 parks covering nearly 21.6% of total area. The population of Mysterton in 2011 was 835 people. By 2016 the population was 800 showing a population decline of 4.2% in the area during that time. The predominant age group in Mysterton is 50-59 years. Households in Mysterton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mysterton work in a professional occupation. In 2011, 69.8% of the homes in Mysterton were owner-occupied compared with 72.5% in 2016.

Mysterton has 439 properties. Over the last 5 years, Houses in Mysterton have seen a 56.61% increase in median value, while Units have seen a 75.64% increase. As at 31 October 2024:

  • The median value for Houses in Mysterton is $513,018 while the median value for Units is $348,923.
  • Houses have a median rent of $490 while Units have a median rent of $250.
There are currently 2 properties listed for sale, and 5 properties listed for rent in Mysterton on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Mysterton.

Mysterton Profile Page

Suburb Insights for Mysterton 4812

Visit Mysterton profile page
Market Insights
Mysterton Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Mysterton Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Mysterton profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED