220 Gill StreetCharters Towers City QLD 4820
Property Details for 220 Gill St, Charters Towers City
Last Listing description (September 2026)
RWC Townsville is delighted to offer for sale the 'Tyres & More' premises at 220 Gill Street, Charters Towers City, QLD 4820.
Positioned in the heart of Charters Towers CBD, this is a rare opportunity to secure a strong, income-producing commercial asset underpinned by a major Tyre & Wheel brand.
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 lease to September 2029 with options to 2041
Current net income: $72,869 p.a. + GST
Fixed 2% annual increases
Tenant responsible for 100% of outgoings (excluding management fees)
Freestanding 326 sqm building
Freehold 1,597 sqm allotment
Drive-through access from Gill Street to Hodgkinson Street
Recently renovated showroom and amenities (2024)
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 (15 years)
Landlord favourable, set-and-forget net lease structure
The various areas within the property include:
71 sqm showroom & office
181 sqm warehouse storage
110 sqm rear workshop
130 sqm undercover work area
About Charters Towers:
Located approximately 135 km 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.
For more information, please contact marketing agents, RWC Townsville.
Property History for 220 Gill St, Charters Towers City, QLD 4820
- 22 Jul 2026Sold for $1,002,500
- 02 Jun 2026Listed for Sale Offers over $1,000,000
- 20 Oct 2020Sold for $600,000
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 1,449 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.
Suburb Insights for Charters Towers City 4820
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