This bluechip investment in the heart of the city centre is one of those iconic buildings that everyone knows. Currently with a Government tenant and locked in to a lease for a further three years on a lease of around $170,000 per year, they have been in situ now for some 20 years and have no intention of moving anytime soon. Located across the road from the Townsville aquarium, museum and cultural centre the location could not be any better. It is also a crucial part of the Great Barrier Reef Marine Park Authority.
This property will not be going to the open market as the owner wants it sold with as little fuss and disruption to her tenant.
Townsville is a city on the north-eastern coast of Queensland, Australia. Adjacent to the central section of the Great Barrier Reef, it is in the dry tropics region of Queensland. Townsville is Australia's largest urban centre north of the Sunshine Coast, with a 2014 population of 198,000. Considered the unofficial capital of North Queensland, Townsville hosts a significant number of governmental, community and major business administrative offices for the northern half of the state.