Prominent Medical Centre - Investment Opportunity


Centro on Nathan/72 Nathan Street

Vincent QLD 4814




Located in the geographically central suburb of Vincent, Centro on Nathan is located on one of Townsville’s major arterial roads which crosses Townsville from North to South; connecting the CBD, Northern Suburbs, RAAF Base, Airport, Townsville Hospital, Lavarack Army Base and Southern Suburbs.

The site has an excellent profile being located on the corner of Nathan Street and Fulham Road, opposite the Vincent Shopping Centre. Within close proximity to the precinct is the Vincent Primary School, Churches of Christ Care and St. James Retirement Village, Health Services and a strong
residential population.

Centro on Nathan is located on the outbound lane of Nathan Street approximately 1.5 kilometres from the major shopping precinct of Stockland Myer and Kmart to the south, and Domain Central to the north.

Key Features of the Property include:
- High profile location on busy Nathan Street corner, opposite Vincent Market Place
- Predominantly medical and health related tenancies
- Great vehicle access with easy car parking for 52 vehicles located to front of tenancies
- Strong tenancy mix, including Westfund Health, Sullivan Nicolaides Pathology and Chemmart Pharmacy
- 100% occupied providing diversified income from five tenants
- Excellent tenant retention prospects, with limited competition at this grade of accommodation, at this price point
- 3,216 sqm freehold corner site in a prominent location