Share this property

1/1 Forest Avenue

Kirwan Q 4817

$ 959,000

Basic Facts

Property ID: 4575 Floor Area: 650 m² Land Area: 716 m²
Car Parks: Ample Onsite Parking Type: Post Updated: 2021-05-28 00:23:33
7% Net Yield – Multi Tenanted Diverse Bite size Shopping Complex in Townsville!

Priced to Sell!!!

Situated in Townsville, 1 Forest Avenue is a small strip shopping complex located in the suburb of Kirwan.

It is multi-tenanted with 5 commercial properties on the ground floor and an upstairs residential property.

Producing a gross income of $103,919.67 per year, the current owner has recently spent approx. $45,000 in refurbishment and capital works.

Currently occupied by a Mini Mart, Personal Trainer and food / takeaway businesses, the centre provides ample onsite parking for both customers and tenants.

Do not hesitate to enquire on this property!

Drew Camm

  • Properties Qty: 151
  • Company: DC Commercial

With over 25 years experience in his own business, Drew Camm has a wealth of knowledge and experience both in business and negotiating. With a vibrant personality, Drew has established DC Commercial, building the business to focus on being innovative, dynamic and providing excellent customer service.