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CBRE is pleased to exclusively present to market The Precinct, Townsville.
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 5.2 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 $1,152,000** per annum + GST
The Precinct is For Sale via Expressions of Interest closing Wednesday 3rd December 2025 at 4pm (AEST).
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 is pleased to exclusively present to market The Precinct, Townsville.
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 5.2 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 $1,152,000** per annum + GST
The Precinct is For Sale via Expressions of Interest closing Wednesday 3rd December 2025 at 4pm (AEST).
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
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