110 Charters Towers Road, Hermit Park, QLD 4812

Retail | Hotel/Leisure | Offices

For Sale $430,000 (including GST)

  • Property ID: 448137
  • Floor Area: 285m²
  • Land Area: 340m²
  • Occupancy: Vacant
Investment opportunity with long-standing restaurant tenant

Offered to the market for the first time in over 50 years, 110 Charters Towers Road, Hermit Park, is a fantastic investment opportunity.

It is currently occupied by Sundoo Chinese Restaurant, which has been running a successful dine-in and take-away business for over 30 years.

- 285 sqm* building area
- 340 sqm site
- Corner block, with rear laneway access via Armstrong Street
- Large takeaway and dining area
- Functional kitchen with near-new grease trap
- Fully air-conditioned
- Current tenant on a month-to-month tenancy

Hermit Park is located approximately 3 km south of the Townsville CBD, making it convenient. It is surrounded by small shopping centres, local businesses, cafes, and schools, and over 25,000 cars pass Charters Towers Road daily.

This property would suit an investor, owner-occupier, or renovator looking to enter the commercial market.

Contact exclusive agents Ray White Commercial Townsville for further information.

*Approx

Hermit Park Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4231 $451 10.66%
Industrial --- $170 ---
Retail $2529 $290 11.46%
This is the average advertised price, rent and yield for Hermit Park, QLD 4812*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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