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