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1930's Railway Estate Retail Shop with Attached ResidenceProperty ID 1565562Townsville local's will recognize this long standing Railway Estate establishment at first glance.
The Tenth Avenue convenience store comprises a 118m2 retail shop and 1 bedroom caretakers residence along with a 90m2 3 bay shed. This freehold property is offered to the market subject to a 3 year lease over the whole property, returning $30,160 per annum. The current owners of the property have reached retirement age and wish to dispose of the asset quickly.
There is the option to further develop the site with the surplus land suitable for a additional structure.
The property is located 2.5 kms from the CBD and 1.5 kms from the site of the new CBD Super Stadium & Entertainment precinct.
The tenants would also consider selling the business should the purchaser wish to operate it themselves.
For more information or to arrange an inspection, please contact marketing agents Ray White Commercial.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.