Back to previous step
Otto's Market Warrina, Currajong (Townsville), 3-11 Illuka Street, Currajong, QLD, 4812
Currajong
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 Expressions of Interest closing Tuesday 9th December 2025 at 12pm (AEST).
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 Expressions of Interest closing Tuesday 9th December 2025 at 12pm (AEST).
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
Yield Calculator
Yield Calculator
