26-28 Mitchell Street, North Ward, QLD 4810 | Property Value & History | OnTheHouse
OFF MARKET

26-28 Mitchell Street
North Ward QLD 4810

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Property Details for 26-28 Mitchell St, North Ward

Building Type
Commercial
Local Government
Townsville City

Last Listing description (June 2023)

FOR SALE | NORTH WARD SHOPPING CENTRE

JLL is pleased to present 'North Ward Shopping Village, Townsville', a unique opportunity to acquire Townsville's best neighbourhood shopping centre situated in the city's affluent eastern suburbs.

DOMINANT DUAL-ANCHORED NEIGHBOURHOOD SHOPPING CENTRE
Anchored by a strong trading Coles Supermarket in percentage rent & a McDonald's drive-thru pad site driving centre visitation and MAT.

DAILY NEEDS FOCUS
North Ward Shopping Village offers 67%* of GLA underpinned by non-discretionary and daily needs retailers.

STRATEGIC LANDHOLDING
Situated on an expansive 1.70ha site in one of Townsville's most affluent demographics benefitting from 180* metre frontage to major arterial, Eyre Street.

DEVELOPMENT UPSIDE
Favourable 'Local Centre' classification provides the ability to develop up to 8-storeys of residential or commercial space (STCA)

INCOME SECURITY
The centre offers an attractive 6.1-year WALE (by area) with 66%* of income generated via majors Coles (2030) & McDonald's (2027)

ESTIMATED NET INCOME
Fully Leased Net Income of $2,305,668.

*Approximate

For Sale by Expressions of Interest closing Thursday 8 th December at 4:00pm (AEST)

Property History for 26-28 Mitchell St, North Ward, QLD 4810

A timeline of how this property has performed in the market
  • 11 Nov 2022
    Listed for Sale Please Contact Agent
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About North Ward 4810

The size of North Ward is approximately 2.4 square kilometres. It has 8 parks covering nearly 19.0% of total area. The population of North Ward in 2016 was 5065 people. By 2021 the population was 5073 showing a population growth of 0.2% in the area during that time. The predominant age group in North Ward is 20-29 years. Households in North Ward are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Ward work in a professional occupation.In 2021, 40.20% of the homes in North Ward were owner-occupied compared with 35.20% in 2016.

North Ward has 3,948 properties. Over the last 5 years, Houses in North Ward have seen a 27.83% increase in median value, while Units have seen a 96.22% increase. As at 31 December 2025:

  • The median value for Houses in North Ward is $873,654 while the median value for Units is $551,118.
  • Houses have a median rent of $500 while Units have a median rent of $460.
There are currently 16 properties listed for sale, and 19 properties listed for rent in North ward on OnTheHouse. According to Cotality's data, 249 properties were sold in the past 12 months in North ward.

Suburb Insights for North Ward 4810

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.