198-200 Charters Towers Rd, Hermit Park, QLD 4812 | Commercial for sale | OnTheHouse
FOR SALE
$1,545,000

198-200 Charters Towers Road
Hermit Park QLD 4812

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1019m2
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Freehold Multi Tenanted Retail Investment - For Sale

Ray White Commercial Townsville are pleased to offer 198-200 Charters Towers Rd as a multi tenanted freehold investment opportunity for the astute investor.
198 Charters Towers Rd is currently leased to "The Coloured House" specialising in blinds and interior decoration and features two open plan layouts, storeroom and fully refurbished staff amenities.
Property details;
• Tenancy area: 275m2
• Land area: 372m2
• Lease renewal from 01/06/25 (pending new lease execution)
• Rental: $65,643.19 pa gross plus GST
• Outgoings: $19,157.92
• Net rent: $46,485.27 pa plus GST
200 Charters Towers Rd is a well exposed corner site and home to long term tenant "Top Brand Cycles".
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Property Details for 198-200 Charters Towers Rd, Hermit Park

Building Type
Commercial
Land Size
1019m2
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About Hermit Park 4812

The size of Hermit Park is approximately 2.2 square kilometres. There are 5 parks, covering nearly 26.4% of the total area. The population of Hermit Park in 2016 was 3414 people. By 2021 the population was 3512 showing a population growth of 2.9% in the area during that time. The predominant age group in Hermit Park is 20-29 years. Households in Hermit Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hermit Park work in a professional occupation.In 2021, 49.20% of the homes in Hermit Park were owner-occupied compared with 47.00% in 2016.

Hermit Park has 2,096 properties. Over the last 5 years, Houses in Hermit Park have seen a 111.84% increase in median value, while Units have seen a 131.06% increase. As at 31 July 2026:

  • The median value for Houses in Hermit Park is $690,302 while the median value for Units is $444,235.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 23 properties listed for sale, and 16 properties listed for rent in Hermit park on OnTheHouse. According to Cotality's data, 150 properties were sold in the past 12 months in Hermit park.

Suburb Insights for Hermit Park 4812

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Adrian Pascoe
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Graeme Russell
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Ray White Commercial Townsville
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.