CBRE & Burgess Rawson from CBRE are pleased to exclusively present to market The Precinct, Townsville - a thriving retail convenience centre located just 5km from the Townsville CBD.
Some of the key investment highlights of the asset include:
- 2,773 sqm* Convenience Centre anchored by a Boutique Fresh Food Market, Otto’s Market Precinct, and complemented by a diverse tenancy mix of 13 specialties.
- Underpinned by a 5 year WALE (by income) with all specialties secured by fixed annual reviews.
- 9,176sqm* high profile site, set back on the eastern side of Stuart Drive, a major arterial through the catchment carrying 8.6 million* cars annually and connects to the Bruce Highway.
- Main Trade Area Retail expenditure is projected to increase 3.7% p.a. to $1.7 billion by 2046.^
- Located 5km* south of the Townsville CBD in an established retail hub supported by national retailers including Red Rooster, McDonalds, Nightowl, Noodle Box and Subway.
- Fully Leased Net Income $1,190,000** per annum + GST
The Precinct is for sale via offers to purchase over $14.25 million.
For further information on this opportunity, please reach out to the exclusive sales and marketing agents.
*Approximate. **As at 1 November 2025. ^LIQ Report, 2025.
Remember to mention you found this property on CommercialReady
CBRE & Burgess Rawson from CBRE are pleased to exclusively present to market The Precinct, Townsville - a thriving retail convenience centre located just 5km from the Townsville CBD.
Some of the key investment highlights of the asset include:
- 2,773 sqm* Convenience Centre anchored by a Boutique Fresh Food Market, Otto’s Market Precinct, and complemented by a diverse tenancy mix of 13 specialties.
- Underpinned by a 5 year WALE (by income) with all specialties secured by fixed annual reviews.
- 9,176sqm* high profile site, set back on the eastern side of Stuart Drive, a major arterial through the catchment carrying 8.6 million* cars annually and connects to the Bruce Highway.
- Main Trade Area Retail expenditure is projected to increase 3.7% p.a. to $1.7 billion by 2046.^
- Located 5km* south of the Townsville CBD in an established retail hub supported by national retailers including Red Rooster, McDonalds, Nightowl, Noodle Box and Subway.
- Fully Leased Net Income $1,190,000** per annum + GST
The Precinct is for sale via offers to purchase over $14.25 million.
For further information on this opportunity, please reach out to the exclusive sales and marketing agents.
*Approximate. **As at 1 November 2025. ^LIQ Report, 2025.
Remember to mention you found this property on CommercialReady
The Precinct, 12 Village Drive, Idalia, QLD, 4811
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