Ray White Retail are proud to present 39 Gregory Street, North Ward (Townsville), QLD. For sale by Auction on Friday 3rd July 2026, 9:45am (AEST) at Level 26, 111 Eagle Street, Brisbane City
|What|
265sqm* fully leased retail centre
|Where|
506sqm* inner-Townsville landholding
Bustling retail precinct adjacent to the North Ward Shopping Centre (Coles)
Convenient street parking in front of the property
Townsville - the capital of North Queensland with a growing population and billions in defence, healthcare and infrastructure investment
|Why|
DA approval for future expansion of a new 104sqm* tenancy
Scope for immediate and long-term rental uplift, with average base rent of $505/sqm*
Long-term development upside of up to 8 storeys
* approximately
The size of North Ward is approximately 2.4 square kilometres. There are 8 parks, covering nearly 19.0% of the 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 3,964 properties. Over the last 5 years, Houses in North Ward have seen a 38.93% increase in median value, while Units have seen a 94.42% increase. As at 30 June 2026:
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