19 Gill StreetCharters Towers City QLD 4820
Property Details for 19 Gill St, Charters Towers City
Last Listing description (June 2026)
RWC Townsville is delighted to offer for sale the Westpac Banking Corporation premises at 19 Gill Street, Charters Towers City, QLD 4820. Positioned in the heart of Charters Towers CBD this is a rare opportunity to secure a blue-chip, income producing commercial asset underpinned by a major Australian Bank tenant.
This is a tightly held asset-class offering investors security, stability, and long-term growth within one of North Queensland's most resilient regional economies.
Investment Highlights:
• Renewed three (3) year lease to October 2028 with options to 2043.
• Westpac Banking Corporation (Top ASX: WBC). One of Australia's leading "Big Four" banks, ASX-listed with a market capitalisation of approximately $100 billion AUD and a strong national presence across retail and commercial banking.
• Current net income: $95,075 pa + GST *.
• Freestanding 522 sqm GLA building on 862 sqm allotment.
• Lower level accommodates traditional bank chamber. Upper level comprises a bank kitchen/staff amenities area and a separate 120 sqm Managers Residence including 4-bedrooms, dining, living, kitchen, laundry, bathroom, WC plus two outdoor private balcony areas of 124 sqm.
• Potential to strata-title (STCA)
• Prominent CBD location with high exposure, strong pedestrian and vehicle traffic.
• Surrounded by government offices, professional services, retail operators, health services, essential services and hospitality venues.
• Strong history of performance and long-on-site tenure.
• Landlord favourable, set-and-forget net lease structure.
About Charters Towers:
Located approximately 135km south-west of Townsville (circa 1.5-hour drive), Charters Towers is widely regarded as the gateway to the west, providing a strategic link between the North Queensland coast and key inland mining and agricultural regions. Additional key growth drivers for this unique region include Tourism, Education, Essential Services and major Regional Projects.
With regional Queensland continuing to attract investor attention, this is your opportunity to secure a high-quality, low-risk commercial investment.
Property History for 19 Gill St, Charters Towers City, QLD 4820
- 16 May 2026Sold for $1,300,000
- 08 Apr 2026Listed for Sale $1,300,000
- 01 Nov 2019Listed for Sale Price on Request
Recent sales nearby
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0About Charters Towers City 4820
The size of Charters Towers City is approximately 2.9 square kilometres. There are 5 parks, covering nearly 5.9% of the total area. The population of Charters Towers City in 2016 was 2134 people. By 2021 the population was 2219 showing a population growth of 4.0% in the area during that time. The predominant age group in Charters Towers City is 10-19 years. Households in Charters Towers City are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Charters Towers City work in a professional occupation.In 2021, 54.40% of the homes in Charters Towers City were owner-occupied compared with 56.70% in 2016.
Charters Towers City has 1,446 properties. Over the last 5 years, Houses in Charters Towers City have seen a 94.70% increase in median value, while Units have seen a -21.97% decrease. As at 31 August 2026:
- The median value for Houses in Charters Towers City is $347,882 while the median value for Units is $300,301.
- Houses have a median rent of $420 while Units have a median rent of $248.
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