This complex enjoys a landmark position at the junction of three main arterial roads. It comprises 12 separate tenancies subject to leases, producing a fully let net income of approximately $189,350 per annum + GST.273-275 Charters Towers Road, Mysterton (Townsville)Ground floor 5 ground-floor commercial tenancies Four leased, one vacant Total floor area of 390 sqm Tenants include a chiropractor, a hair salon, a phone repair store, a fashion boutique & accountant First floor Recently converted from commercial offices to 3 self-contained residential apartments All three bedrooms, two bathrooms 100% leased Total floor area of 342 sqm Rental income of $61,100 p.a. 277 Charters Towers Road, MystertonGround floor only (single-level building) Completely refurbished in 2022 100% leased Configured as four commercial tenancies Two tenancies have been combined and are subject to a long-term lease with F45 Total floor area of 738 sqm Includes secure storage units in the rear of the building, which can be leased separately if desired Please get in touch with RWC Townsville to arrange an inspection or receive a copy of the information memorandum.
The size of Mysterton is approximately 0.6 square kilometres. It has 3 parks covering nearly 21.6% of 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 childless couples 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 438 properties. Over the last 5 years, Houses in Mysterton have seen a 90.58% increase in median value, while Units have seen a 155.69% increase. As at 30 November 2025:
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