Prominent Commercial Office Opportunity with Upside Potential

Description

Burgess Rawson from CBRE are pleased to present an outstanding investment opportunity located at 111 Charters Towers Road, Hyde Park (Townsville) QLD 4812 for sale via Expressions of Interest closing 3:00pm (AEST) Thursday 25 September 2025.

The opportunity has the following investment highlights:

+ Two-storey office building offering excellent functionality, professional fit outs, and lift access to the upper floor
+ Three ground floor tenancies and one first floor tenancy, with partial leasing in place
+ Mercy Community Services: occupies a 251sqm* ground floor tenancy on a 3 year lease through to March 2028
+ Mercy Community Services: favourable annual 3.75% rent increases ensuring consistent rental growth
+ Dominant 2,027sqm* freehold site with 40m* of direct frontage to major arterial Charters Towers Road and exposure to 18,000+ vehicles passing daily*
+ The site is improved by an impressive 1,631sqm* NLA two-storey office building, featuring 33 secure on-site car parks
+ Prominently positioned within robust retail and medical hub, being only meters away from The Mater Private Hospital, Townsville GP Superclinic, Park Haven Medical Centre, Woolworths, KFC & Supercheap Auto
+ Strategically located within close proximity of Townsville’s key infrastructure including 2km* from the Townsville CBD, 3.5km* from the Townsville Airport, 4km* from the Townsville Port and 6km* from James Cook University Hospital
+ Townsville: largest city in Northern Australia, with population forecast to grow 52% to 306,053 residents by 2046^ with $27 billion in infrastructure projects underway

For Sale via Expressions of Interest
Closing 3:00pm (AEST) Thursday 25 September 2025

Please contact the exclusively appointed sales team for more information.

*Approx.
^Townsville City Council

Enquire

Contact agents
Neville Smith Partner
0400 068 205
Michael Hooper Sales Executive
0488 332 682
Tony Isaac Sales Executive
0484 051 748
Enquiry Form

Hyde Park, QLD

111 Charters Towers Road

For Sale by Expression of Interest

This property is part of Portfolio 179

Price: Contact Agent

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