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

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.

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