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280 Flinders Street, Townsville City, QLD, 4810

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280 Flinders Street, Townsville City, QLD, 4810

Townsville City

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280 Flinders Street, Townsville City, QLD, 4810

Townsville City

280 Flinders Street, Townsville City, QLD, 4810

280 Flinders Street, Townsville City, QLD, 4810

Properties / Buy / Queensland / Townsville City
Tenanted Investment
Selling Method
EOI
Selling Details
Please Contact Agents
Floor Area
8932 m² (*approx)
Property Type
Retail, Offices, Health/Medical
Est. Income
$3,085,260 p/a
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Northtown, 280 Flinders Street, Townsville
  • Exceptional value add opportunity
  • 3-year rental guarantee on all vacancies
  • Net income $3,085,260

Cushman & Wakefield Investment Sales QLD are pleased to exclusively present to the market, 280 Flinders Street, Townsville for sale via an expressions of interest campaign closing Wednesday the 19th of March 2025.

Offered with a prominent position along Flinders Street enjoying panoramic views of the Townsville vista and excellent connectivity to transport infrastructure, 280 Flinders Street presents a compelling opportunity for incoming purchasers to acquire a modern office building that offers unrivalled value add potential.

The asset is highly locationally attractive by virtue of its situation along the Flinders Street retail and hospitality precinct. In conjunction with its relative adjacency to the Queensland Country Bank Stadium and local pedestrian and public transport infrastructure, the property commands strong tenant appetite and is instantly recognisable within the Townsville CBD.

The property, also known as ‘Northtown’, is offered with a 3-year rental guarantee over its vacant tenancies and offers an estimated net income of $3,085,260p.a and a 4.52-year WALE. The rate at which the guarantee has been struck is reflective of current market rates and will allow a purchaser to enjoy a three-year period to undertake an active leasing and repositioning strategy while meeting distribution obligations.

A 100% interest in 280 Flinders Street, Townsville is offered to the market for sale via an expressions of interest campaign, closing Wednesday the 19th of March 2025.

For further information, please don’t hesitate to contact Daniel Cullinane or Patrick Birchley of Cushman & Wakefield Investment Sales.

*NABERS exempt

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

280 Flinders Street Investment Summary

Property Type
Retail, Offices, Health/Medical
Est. Income
$3,085,260 p/a
Wale
4.52 years
Floor Area
8932 m² (*approx)
Selling Method
EOI
Selling Details
Please Contact Agents

Investment Highlights

Northtown, 280 Flinders Street, Townsville
  • Exceptional value add opportunity
  • 3-year rental guarantee on all vacancies
  • Net income $3,085,260

Cushman & Wakefield Investment Sales QLD are pleased to exclusively present to the market, 280 Flinders Street, Townsville for sale via an expressions of interest campaign closing Wednesday the 19th of March 2025.

Offered with a prominent position along Flinders Street enjoying panoramic views of the Townsville vista and excellent connectivity to transport infrastructure, 280 Flinders Street presents a compelling opportunity for incoming purchasers to acquire a modern office building that offers unrivalled value add potential.

The asset is highly locationally attractive by virtue of its situation along the Flinders Street retail and hospitality precinct. In conjunction with its relative adjacency to the Queensland Country Bank Stadium and local pedestrian and public transport infrastructure, the property commands strong tenant appetite and is instantly recognisable within the Townsville CBD.

The property, also known as ‘Northtown’, is offered with a 3-year rental guarantee over its vacant tenancies and offers an estimated net income of $3,085,260p.a and a 4.52-year WALE. The rate at which the guarantee has been struck is reflective of current market rates and will allow a purchaser to enjoy a three-year period to undertake an active leasing and repositioning strategy while meeting distribution obligations.

A 100% interest in 280 Flinders Street, Townsville is offered to the market for sale via an expressions of interest campaign, closing Wednesday the 19th of March 2025.

For further information, please don’t hesitate to contact Daniel Cullinane or Patrick Birchley of Cushman & Wakefield Investment Sales.

*NABERS exempt

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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280 Flinders Street, Townsville City, QLD, 4810

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Property Location of 280 Flinders Street, Townsville City, QLD, 4810

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280 Flinders Street, Townsville City, QLD, 4810 Townsville City
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