259-261 Charters Towers RoadMysterton QLD 4812
Property Details for 259-261 Charters Towers Rd, Mysterton
Last Listing description (May 2026)
Ray White Commercial Townsville is proud to present 'Royal Oak Plaza' 259-267 Charters Towers Road, Mysterton to the market.
Comprising a substantial 1,688 sqm* net lettable area across three separate titles, the property is anchored by the highly recognised Shannon's Car Wash together with a diverse mix of established retail and commercial tenants delivering a strong and reliable income stream.
Strategically positioned on Charters Towers Road with approximately 84 metres* of frontage, the complex benefits from exceptional exposure to more than 27,000 vehicles daily* and offers convenient access via multiple vehicle crossovers and 62 on-site car parks. It also benefits from a bus stop directly in front of the complex.
Located just minutes from the Townsville CBD, the asset has historically experienced extremely low vacancy rates and strong leasing demand, underpinned by the strength of the surrounding trade catchment and ease of access.
Key Features:
1,688 sqm* net lettable area across 3 titles
High-profile commercial complex with strong street presence
Anchored by long-term tenant Shannon's Car Wash
Diverse mix of established retail and commercial tenants
Current net income of approximately $423,603 p.a. + GST
10 separate tenancies providing diversified income security
62 on-site car parks*
Approx. 84m* frontage to Charters Towers Road
Exposure to over 27,000 vehicles passing daily*
Flood-free during the 2019 weather event
Quality fit-outs and private amenities throughout
Well-maintained passive investment opportunity
Historically low vacancy and strong tenant demand
Townsville continues to cement itself as the economic capital of Northern Australia, supported by a $15.8 billion regional economy, forecast population growth to more than 306,000 residents by 2046, and over $27 billion in major infrastructure projects currently underway throughout the region.
This is a rare opportunity to secure a strategically positioned, high-performing commercial asset with long-term income security and exceptional exposure.
For further information or to arrange an inspection, contact Ray White Commercial Townsville.
Property History for 259-261 Charters Towers Rd, Mysterton, QLD 4812
- 18 May 2026Listed for Sale Offers over $7,000,000
- 15 Oct 2021Listed for Sale Expressions of Interest
- 28 Nov 1994Sold for $1,200,000
Recent sales nearby
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0About Mysterton 4812
The size of Mysterton is approximately 0.6 square kilometres. There are 3 parks, covering nearly 21.6% of the total area. The population of Mysterton in 2016 was 809 people. By 2021 the population was 793 showing a population decline of 2.0% in the area during that time. The predominant age group in Mysterton is 50-59 years. Households in Mysterton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mysterton work in a professional occupation.In 2021, 72.60% of the homes in Mysterton were owner-occupied compared with 72.50% in 2016.
Mysterton has 437 properties. Over the last 5 years, Houses in Mysterton have seen a 105.95% increase in median value, while Units have seen a 107.84% increase. As at 31 May 2026:
- The median value for Houses in Mysterton is $717,525 while the median value for Units is $469,062.
- Houses have a median rent of $610 while Units have a median rent of $390.
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