This 70 sqm commercial unit is located on a main arterial road leading to the Townsville Port precinct and is subject to a 1 + 1 year lease at $31,200 per year + GST as of February 2024.
The net income is circa $21,044 per year + GST.
The unit sits within a highly presentable complex of 5 with other businesses including professional offices, allied health, and food operators.
The tenancy features:
70 sqm tenancy
Fully air-conditioned
Large glass shopfront
Easy customer parking at the front door
Large staff and delivery car park located at the rear
Main road location with great signage opportunities
Common area male and female bathrooms
Contact Ray White Commercial to arrange an inspection.
The size of Railway Estate is approximately 4 square kilometres. It has 9 parks covering nearly 14.3% of total area. The population of Railway Estate in 2011 was 2,956 people. By 2016 the population was 2,846 showing a population decline of 3.7% in the area during that time. The predominant age group in Railway Estate is 20-29 years. Households in Railway Estate are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Railway Estate work in a professional occupation. In 2011, 54.5% of the homes in Railway Estate were owner-occupied compared with 55% in 2016.
Railway Estate has 1,754 properties.
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