CBRE in conjunction with CBRE are pleased to present The Precinct, Townsville for sale via Expressions of Interest. The opportunity has the following investment highlights:
+ Underpinned by a 5 year WALE (by income)
+ 2,773sqm* convenience centre anchored by a Boutique Fresh Food Market, Ottos Market Precinct, and complemented by a diverse tenancy mix of 13 specialties
+ All specialties secured by fixed annual rent reviews
+ 9,176sqm* high profile site, set back on the eastern side of Stuart Drive, a major arterial through the catchment carrying 8.6 million* cars annually and connects to the Bruce Highway
– Main trade area retail expenditure is projected to increase 3.7% pa to $1.7 billion by 2046^
– Located 5km* south of the Townsville CBD in an established retail hub supported by national retailers including Red Rooster, McDonalds, NightOwl, Noodle Box and Subway
– Fully Leased Net Income $1,190,000 pa* + GST (as at 1 November 2025) For Sale via Expressions of Interest Closing 4pm AEST Wednesday 3 December 2025 Please contact the exclusively appointed sales team for more information..
*Approx. ^LIQ Report, 2025