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40-42 Stuart Drive
Idalia QLD 4811

 

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'The Precinct' - Townsville's Gourmet Food Emporium - Investment Opportunity

The subject investment property offers:

A proven food based centre with the majority of tenants complementing and supporting one another;
A unique Food Hall offering, underwriting approx 25% of the centre's income, providing annual income growth and acting as a significant point of retailing difference and attraction;
A tenant mix which is very targeted to its' demographic audience;
A WALE of 3.53 years;
Three national tenant drive-thru fast food offerings;
A stable tenant history since the first stage opened for business in 2009;
Exposure to a busy arterial road and a growing population base;
Major traffic generators in the trade area include several schools; the Lavarack Army Barracks; the Murray
Sporting Complex; the GP Super Clinic; James Cook University; Fairfield Waters Estate and the RAAF Base;
Exposure to a vibrant local economy with $1 billion* of public funded projects currently underway and a
further $3.3 billion of residential development spread across some 20 estates.

Current Net Income $1,850,101 million*

Sale by Private Treaty.

*approximately
**This property is being sold by Private Treaty therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes
Property Type: Retail
Block Size: 1.43 Hectares (approx)

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Past Sales & Property Information

NOTE
Always verify block details with the agent or vendor. These maps are generated by cross referencing with our spatial information database, but this does not mean they will always correspond with the listed property. Measurements are estimates only.

Based on data provided under licence from PSMA Australia Limited (www.psma.com.au). © PSMA Australia 2016.

Block Map

Vital Statistics

Lot: 1006
Plan Type: SP
Plan: 198424
Block Size: 1.43 Hectares (approx)
Stamp Duty: $1,130,525

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Idalia Profile

The average age in Idalia is 31 years and it has a population of 3,595.

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Listing Age and Views

This listing was first displayed on 30/11/16, last updated on 1/12/16, and has been viewed 0 times. Please note the counter is not updated immediately.
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