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The South Yards, 24 Rooney Street, TOWNSVILLE CITY, QLD, 4810

2. Property Highlights

Townsville's Most Significant Investment Opportunity
  • 172,111sqm Mixed Use Zoned Site
  • Renewed 6 Year Lease to Wulguru Group
  • Strong Intrinsic Land & Building Value

+ Irreplaceable 172,111sqm* landholding bordering the Townsville CBD

+ Renewed 6 year lease to 2027 to strong performing tenant - Wulguru Group

+ Tenant responsible for all outgoings including repairs and maintenance plus capital expenditure

+ By far the largest and most strategically located site of scale in Townsville’s Metropolitan area

+ Located adjacent to the 25,000 seat, $300M QLD Country Bank Stadium

+ Mixed-use zoning allowing for a broad range of development outcomes

+ Significant infrastructure currently on site - over 14 buildings, 19 cranes and over 5km of rail line all owned by the landlord

+ Wulguru Group: one of the largest steel fabrication & engineering companies in northern Australia

+ Townsville: the staging point for the $27B of infrastructure projects underway in North QLD

+ Income: $903,612 pa increasing to more than $1,000,000 in 2022

For Sale by Expressions of Interest

Closing Wednesday 17 November 2021

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

The South Yards, 24 Rooney Street, TOWNSVILLE CITY, QLD, 4810

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4. Due Diligence

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The South Yards, 24 Rooney Street, TOWNSVILLE CITY, QLD, 4810 Townsville City
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