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$435,000

Unique Dual Occupancy in Prime Central Location (Listing ID:388)

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Address: 18 Allen Street
City: South Townsvile
State: QLD
Post Code: 4810
Country: Australia
Neighborhood: Townsville
Price: $435,000
Garage Size: 2
Floor Area (m2): 180
Land size (m2): 368
Status: Under Contract
Full Description: Unique dual occupancy commercial building strategically located a stones throw from the Townsville CBD, Palmer Street Restaurant precinct and Townsville Stadium. Having seen several different commercial uses over the years this well known building was significantly redeveloped and improved in 2008 coinciding with a material change of use from shops to offices. At this time the property was divided into two tenancies. It is currently owner occupied with the current sellers wishing to downsize to a smaller premises. Tenancy 2 (LHS) is currently fitted out with a large air conditioned reception area, meals preparation area with exhaust canopy and roof fan and commercial kitchen with stainless steel benches/sinks having formerly been home to a local catering company. There is three phase power to the building for coldrooms as well as a gas supply for hot water and cooking. Tenancy 1 (RHS) is currently fitted out as a professional office and features reception area, two office areas, air conditioning and kitchenette. It is currently being used as a real estate office. To the rear of the building there are his and hers amenities, a large workshop/garage area and two storerooms, one of which is air conditioned and the other is plumbed for a laundry/shower etc. The 368m2 freehold corner block has on site parking for five vehicles, two of which are undercover. Improvements also include a large awning to the front of the building. The property is highly visible and has an attractive glass frontage with great signage opportunities. This represents a great opportunity for savvy investors and owner occupiers alike. Properties like this do not come along every day of the week. The Seller is happy to lease back Tenancy 1 (RHS) if required or vacant possession is available. Plans are available upon request. For more information or to arrange a private inspection please contact exclusive Agent Simon Wright NQ Realty.
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Simon Wright
Phone: 0409183568
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