North Queensland Tenanted Investment

SOLD

195 Queen Street

Ayr QLD 4807

Retail

FOR SALE

426m2

This freestanding, fully tenanted commercial investment property is located on the main street of Ayr, North Queensland.

The property boasts a high-profile corner position and is configured as two self-contained tenancies producing a net income of $52,971 per annum + GST.

Key property features include:

• Land area: 1,213 sqm
• 2 self-contained tenancies with a total floor area of 426 sqm
• Tenancy 1: Busy Group (employment services)
• Tenancy 2: Star Liquor
• Long-term leases with options
• 14 on-site car parks
• Excellent exposure and signage
• Corner position with two street access
• Rear access for deliveries
• Low maintenance site

Ayr is located 88 kilometres south of Townsville on the Bruce Highway and 112 kilometres north of Bowen. Ayr is located near the delta of the Burdekin River. It is within the Burdekin Shire, which produces the most sugar cane per square kilometre in Australia, accessing underground water supplies and water from the Burdekin Dam to irrigate crops when rains fail.

Whilst the Burdekin including Ayr is one of Australia's richest agricultural regions, the area also boasts strong horticultural, aquaculture, and manufacturing industries and is recognised as having high levels of solar irradiation with two solar farms located in the district.

For more information please contact RWC Townsville.