108 Dearness Street is a recently renovated commercial building located on the corner of Dearness and Meenan Street, 500 metres from the Townsville Airport.
With the extensive upgrades completed in 2025, this property will have little maintenance required for years to come.
This property is currently leased until 31/08/2026 at $45,000 per year + GST (gross) with a 2-year option to extend.
Property features:
160 sqm total floor area
4 private offices
2 open-plan workspaces
Kitchen and staffroom
2 bathrooms
New air-conditioners throughout
New concrete pathways and outdoor area
New electrical and switchboards throughout
Sale: $750,000
Contact RWC Townsville to arrange an inspection.
The size of Garbutt is approximately 12.0 square kilometres. It has 6 parks covering nearly 1.3% of total area. The population of Garbutt in 2016 was 2396 people. By 2021 the population was 2309 showing a population decline of 3.6% in the area during that time. The predominant age group in Garbutt is 20-29 years. Households in Garbutt are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Garbutt work in a community and personal service occupation.In 2021, 41.20% of the homes in Garbutt were owner-occupied compared with 37.50% in 2016.
Garbutt has 2,445 properties. Over the last 5 years, Houses in Garbutt have seen a 110.43% increase in median value, while Units have seen a 131.70% increase. As at 31 March 2026:
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