Strong Yielding Tenanted Investment

Offers to Purchase $1.85M

66-76 Bayswater Road

Hyde Park QLD 4812

Retail

FOR SALE

592m2

Raywhite Commercial Townsville offers for sale this strip retail and convenience investment, Bayswater Plaza.

Located on the corner of Bayswater and Kings Roads, this building occupies a very prominent corner location in the city fringe suburb, Hyde Park.

Located a short distance from major retail hubs Castletown Shopping world and Hyde Park Centre and a heavy residential catchment area in the suburbs Hyde Park, Mysterton & Pimlico.

Keys Features Include:
- Fully tenanted grossing over $200,000 per annum
- Net Rent $148,197 (after full management fees)
- 5 Tenancies including Liquorland as anchor tenant
- 31 onsite carparks
- Neighbourhood Centre zoning
- Prime corner location surrounded by parkland (no further development nearby)
- Strong Yield Circa 8% offered

To arrange an inspection contact Ray White Commercial today.