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North Ward Shopping Village, 26-28 Mitchell Street, North Ward, QLD, 4810

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North Ward Shopping Village, 26-28 Mitchell Street, North Ward, QLD, 4810

North Ward

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North Ward Shopping Village, 26-28 Mitchell Street, North Ward, QLD, 4810

North Ward

North Ward Shopping Village, 26-28 Mitchell Street, North Ward, QLD, 4810

North Ward Shopping Village, 26-28 Mitchell Street, North Ward, QLD, 4810

Properties / Buy / Queensland / North Ward
Tenanted Investment
Selling Method
For Sale
Selling Details
Contact Agent
Land Area
1.70 hectares (*approx)
Floor Area
6618 m² (*approx)
Property Type
Retail
Car Spaces
214
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One of North Queensland's Top Performing Neighbourhood Centre's
  • Coles anchors 70% of the Centre
  • 4.0 year WALE (by income)
  • Less than 1km from Townsville’s CBD

CBRE is pleased to exclusively present to market North Ward Shopping Village – One of North QLD’s Top Performing Neighbourhood Shopping Centre’s.

Some of the key investment highlights of the asset include:

- 6,618sqm* Coles and McDonalds drive-thru anchored neighbourhood shopping centre supported by 23 specialties.

- Strong trading Coles Supermarket secured on a long-term lease with options extending to 2060, currently trading 18%* above benchmarks and paying percentage rent.

- Located moments from the Townsville CBD on a 1.7ha* land rich site, positioned as the only full-line Supermarket in the Primary Trade Area with high barriers of entry for future competition

- 4.0 year WALE (income) with 71% of income secured by national and chain retailers and a specialty mix that is outperforming industry standards while paying rents 40%* below benchmarks.

- Favourable ‘Local Centre’ zoning allowing for future development.

- Fully Leased Net Income $2,350,000 per annum + GST**

North Ward Shopping Village is offered For Sale via Expressions of Interest closing Thursday 16th October 2025 at 4:00pm (AEST).

For further information on this opportunity, please reach out to the exclusive sales and marketing agents.

*Approximate. **Approx, as at 1 Oct 2025.

Remember to mention you found this property on CommercialReady

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Tenanted Investment
Tenanted Investment

26-28 Mitchell Street Investment Summary

Property Type
Retail
Land Area
1.70 hectares (*approx)
Floor Area
6618 m² (*approx)
Car Spaces
214
Selling Method
For Sale
DATAROOM AVAILABLE
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Selling Details
Contact Agent

Investment Highlights

One of North Queensland's Top Performing Neighbourhood Centre's
  • Coles anchors 70% of the Centre
  • 4.0 year WALE (by income)
  • Less than 1km from Townsville’s CBD

CBRE is pleased to exclusively present to market North Ward Shopping Village – One of North QLD’s Top Performing Neighbourhood Shopping Centre’s.

Some of the key investment highlights of the asset include:

- 6,618sqm* Coles and McDonalds drive-thru anchored neighbourhood shopping centre supported by 23 specialties.

- Strong trading Coles Supermarket secured on a long-term lease with options extending to 2060, currently trading 18%* above benchmarks and paying percentage rent.

- Located moments from the Townsville CBD on a 1.7ha* land rich site, positioned as the only full-line Supermarket in the Primary Trade Area with high barriers of entry for future competition

- 4.0 year WALE (income) with 71% of income secured by national and chain retailers and a specialty mix that is outperforming industry standards while paying rents 40%* below benchmarks.

- Favourable ‘Local Centre’ zoning allowing for future development.

- Fully Leased Net Income $2,350,000 per annum + GST**

North Ward Shopping Village is offered For Sale via Expressions of Interest closing Thursday 16th October 2025 at 4:00pm (AEST).

For further information on this opportunity, please reach out to the exclusive sales and marketing agents.

*Approximate. **Approx, as at 1 Oct 2025.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

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North Ward Shopping Village, 26-28 Mitchell Street, North Ward, QLD, 4810

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Property Location of North Ward Shopping Village, 26-28 Mitchell Street, North Ward, QLD, 4810

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North Ward Shopping Village, 26-28 Mitchell Street, North Ward, QLD, 4810 North Ward
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