This 70 sqm commercial unit is located on a main arterial road leading to the Townsville Port precinct and is subject to a 1 + 1 year lease at $31,200 per year + GST as of February 2024.
The net income is circa $21,044 per year + GST.
The unit sits within a highly presentable complex of 5 with other businesses including professional offices, allied health, and food operators.
The tenancy features:
70 sqm tenancy
Fully air-conditioned
Large glass shopfront
Easy customer parking at the front door
Large staff and delivery car park located at the rear
Main road location with great signage opportunities
Common area male and female bathrooms
Contact Ray White Commercial to arrange an inspection.
The size of Railway Estate is approximately 4.0 square kilometres. There are 9 parks, covering nearly 14.3% of the total area. The population of Railway Estate in 2016 was 2852 people. By 2021 the population was 2871 showing a population growth of 0.7% in the area during that time. The predominant age group in Railway Estate is 20-29 years. Households in Railway Estate are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Railway Estate work in a professional occupation.In 2021, 56.70% of the homes in Railway Estate were owner-occupied compared with 55.00% in 2016.
Railway Estate has 1,798 properties. Over the last 5 years, Houses in Railway Estate have seen a 97.23% increase in median value, while Units have seen a 127.80% increase. As at 31 May 2026:
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