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    • About this property
    • Explore Townsville
    • 'The Precinct' - Townsville's Gourmet Food Emporium - Investment Opportunity

      Property ID 1552932
      The subject investment property offers:

      A proven food based centre with the majority of tenants complementing and supporting one another;
      A unique Food Hall offering, underwriting approx 25% of the centre's income, providing annual income growth and acting as a significant point of retailing difference and attraction;
      A tenant mix which is very targeted to its' demographic audience;
      A WALE of 3.53 years;
      Three national tenant drive-thru fast food offerings;
      A stable tenant history since the first stage opened for business in 2009;
      Exposure to a busy arterial road and a growing population base;
      Major traffic generators in the trade area include several schools; the Lavarack Army Barracks; the Murray
      Sporting Complex; the GP Super Clinic; James Cook University; Fairfield Waters Estate and the RAAF Base;
      Exposure to a vibrant local economy with $1 billion* of public funded projects currently underway and a
      further $3.3 billion of residential development spread across some 20 estates.

      Current Net Income $1,850,101 million*

      If you require further information, please contact the Exclusive marketing agents today.

      **This property is being sold by Private Treaty therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes