50 Bamford LaneKirwan QLD 4817
Property Details for 50 Bamford Lane, Kirwan
Last Listing description (August 2025)
RWC Retail are proud to present Mount View Plaza, for sale by Immediate Offers to Purchase,
|What|
Mount View Plaza is a vacant neighbourhood shopping centre as at 29/09/2025
The primary 2,949sqm* building is being offered entirely vacant, with two tenants leasing the second 443sqm* building
Formerly anchored by a full-line 2,083sqm* Cornetts IGA since 2005
Suiting a wide range of uses including childcare, healthcare, gym, place of worship or any major community activity (STCA).
Circa 1,500sqm* of pad-site potential
150 on-site car parks
Estimated Fully Leased Net Income of $716,066 + GST p.a.
|Where|
High-profile 13,302sqm* (1.33ha) island site with only 25% site coverage
Over 550m* of four-street frontage and six points of access for customers
In the heart of one of Townsville's largest suburbs, 9km* West of the CBD
Townsville's population is set to grow over 31% by 2046, increasing the demand for retail amenities
|Why|
A dominant neighbourhood shopping centre on an irreplaceable island site
Rare opportunity to purchase a neighbourhood shopping centre below replacement cost
Value-add potential through rental growth, repositioning and pad-site development
Landlord favourable asset register for the incoming purchaser
High-yielding return for investors
Property History for 50 Bamford Lane, Kirwan, QLD 4817
- 02 Jul 2025Listed for Sale $7,500,000
- 30 Sep 2021Sold for $7,750,000
- 26 Feb 2020Listed for Sale Expressions of Interest
Recent sales nearby
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About Kirwan 4817
The size of Kirwan is approximately 11.5 square kilometres. It has 17 parks covering nearly 13.1% of total area. The population of Kirwan in 2016 was 21418 people. By 2021 the population was 20780 showing a population decline of 3.0% in the area during that time. The predominant age group in Kirwan is 10-19 years. Households in Kirwan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kirwan work in a community and personal service occupation.In 2021, 63.20% of the homes in Kirwan were owner-occupied compared with 60.70% in 2016.
Kirwan has 8,974 properties. Over the last 5 years, Houses in Kirwan have seen a 111.10% increase in median value, while Units have seen a 135.97% increase. As at 31 March 2026:
- The median value for Houses in Kirwan is $672,588 while the median value for Units is $540,098.
- Houses have a median rent of $550 while Units have a median rent of $420.
Suburb Insights for Kirwan 4817
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