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Otto's Market Warrina, Currajong (Townsville), 3-11 Illuka Street, Currajong, QLD, 4812

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Otto's Market Warrina, Currajong (Townsville), 3-11 Illuka Street, Currajong, QLD, 4812

Currajong

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+10 Photos

Otto's Market Warrina, Currajong (Townsville), 3-11 Illuka Street, Currajong, QLD, 4812

Currajong

Otto's Market Warrina, Currajong (Townsville), 3-11 Illuka Street, Currajong, QLD, 4812

Otto's Market Warrina, Currajong (Townsville), 3-11 Illuka Street, Currajong, QLD, 4812

Properties / Buy / Queensland / Currajong
Tenanted Investment
Selling Method
Offers to Purchase
Selling Details
Contact Agent
Land Area
5,340 m² (*approx)
Floor Area
2328 m² (*approx)
Property Type
Retail
Sub-type
Strip Retail, Shopping Centre, Cafe/Restaurant
Est. Income
$629,000 p/a
Car Spaces
52
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Iconic local Townsville institution, located 5km* from the CBD
  • A premium, one-stop-shop precinct
  • Highly recognised local market precinct
  • Single 12 year head lease

CBRE and First Asset Management are pleased to exclusively present to market Otto's Market Warrina - a lively retail precinct featuring a diverse selection of specialty food vendors, retailers, and Townsville’s only ice skating rink.

Some of the key investment highlights of the asset include:

− 2,328 sqm* fresh food and retail precinct featuring a carefully crafted mix of local businesses and Townsville’s only ice skate rink.

− 100% secured by a single, head lease until 2031 with fixed 2.00% p.a. rental increases, with all outgoings recoverable by the tenant (ex management).

− 5,340sqm* site with triple street frontage and 52 car parks on title.

− Located 5km* south-west of the Townsville CBD, Warrina sits within the Currajong area, an established residential and commercial hub, positioned moments from multiple national retailers.

− Net Income $629,000 per annum** + GST

Otto's Market Warrina is For Sale via Offers To Purchase.

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

*Approximate. **Approximate, as at 1 November 2025

Remember to mention you found this property on CommercialReady

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Tenanted Investment
Tenanted Investment

3-11 Illuka Street Investment Summary

Property Type
Retail
Sub-type
Strip Retail, Shopping Centre, Cafe/Restaurant
Est. Income
$629,000 p/a
Land Area
5,340 m² (*approx)
Floor Area
2328 m² (*approx)
Car Spaces
52
Selling Method
Offers to Purchase
DATAROOM AVAILABLE
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Selling Details
Contact Agent

Investment Highlights

Iconic local Townsville institution, located 5km* from the CBD
  • A premium, one-stop-shop precinct
  • Highly recognised local market precinct
  • Single 12 year head lease

CBRE and First Asset Management are pleased to exclusively present to market Otto's Market Warrina - a lively retail precinct featuring a diverse selection of specialty food vendors, retailers, and Townsville’s only ice skating rink.

Some of the key investment highlights of the asset include:

− 2,328 sqm* fresh food and retail precinct featuring a carefully crafted mix of local businesses and Townsville’s only ice skate rink.

− 100% secured by a single, head lease until 2031 with fixed 2.00% p.a. rental increases, with all outgoings recoverable by the tenant (ex management).

− 5,340sqm* site with triple street frontage and 52 car parks on title.

− Located 5km* south-west of the Townsville CBD, Warrina sits within the Currajong area, an established residential and commercial hub, positioned moments from multiple national retailers.

− Net Income $629,000 per annum** + GST

Otto's Market Warrina is For Sale via Offers To Purchase.

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

*Approximate. **Approximate, as at 1 November 2025

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

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Otto's Market Warrina, Currajong (Townsville), 3-11 Illuka Street, Currajong, QLD, 4812

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Property Location of Otto's Market Warrina, Currajong (Townsville), 3-11 Illuka Street, Currajong, QLD, 4812

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Otto's Market Warrina, Currajong (Townsville), 3-11 Illuka Street, Currajong, QLD, 4812 Currajong
CBRE - Brisbane
CBRE - Brisbane
Waterfront Place Level 3, 1 Eagle Street BRISBANE CITY, QLD 4000
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