Rethink Investing

Retail | 30 Hervey Range Rd Thurwingowa Central 4817 QLD Australia

Key Information

Asset Class:	Retail

Price:	$ 22000000
Net Yield:	9.50 %
Net Yield - including solar strategy:	%
Property Market Status:	Off Market

Introduction

Rethink Investing has recently secured an exclusive off-market opportunity—a blue-chip retail centre in one of Townsville’s most sought-after retail precincts. This high-performing asset presents a rare chance to acquire a premium property with strong fundamentals, making it an exceptional addition to any investment portfolio. Due to unforeseen circumstances, the vendor has been placed in a position requiring to sale, allowing Rethink Investing to negotiate a highly attractive deal at over 9% net yield. This represents an outstanding opportunity to acquire a well-positioned retail asset at a significant advantage in the current market. With a long WALE and a prime location that continues to attract leading retail businesses, this asset stands out as one of the most compelling investment opportunities we have seen in recent years. Securing a retail centre of this calibre, with such strong returns, reinforces Rethink Investing’s commitment to delivering premium, high-yield opportunities for our investors.

Background Information

How old is the asset?

Vendor's reason for selling?

Cashing Out

Days property been on market?

Is this property strata titled?

Are the seller and tenant related parties?

How long has the current tenant been on site?

N/A

How long has the tenant been in business?

Years

Is this property in a flood zone?

Is this lease a leaseback arrangement?

Additional Information File

Location on Map

Premium Location

Townsville is one of Queensland’s largest regional cities, with a population of approximately 200,000 and strong ongoing growth driven by interstate migration, economic development, and infrastructure investment. As the commercial and administrative hub of North Queensland, Townsville boasts a diverse economy underpinned by industries such as defence, healthcare, education, and tourism. The city is also a key gateway to Northern Australia, benefiting from its strategic coastal location, strong transport links, and proximity to major mining and agricultural regions. With continued population expansion and government investment in key sectors, Townsville presents a stable and prosperous environment for both investors and businesses. Thuringowa Central, positioned just 15 kilometres from the Townsville CBD and 10 kilometres from the airport, is one of the city’s fastest-growing commercial and retail precincts. The area benefits from strong consumer demand, a mix of national and local retailers, and sustained infrastructure development. As a major retail and lifestyle hub for the western suburbs, Thuringowa Central attracts significant foot traffic, making it a highly sought-after location for businesses looking to establish a strong presence. With Townsville experiencing consistent population growth and increasing demand for retail and commercial space, this precinct offers investors an opportunity to secure high-yield assets in a thriving regional market.

Additional Location Information File

Tenant Information

No items found.

Additional Tenant Information File

Financial Overview

Initial Term:

Security:

Security Info:

Additional Financial Information File

Special Conditions (if any)

Initial Term:

Security:

Security Info:

Rental Comparison

Offer To Purchase

Offer To Purchase:

22000000

Initial Deposit:

Due Diligence:

days

Finance:

days

Settlement:

days

Download Write Up PDF

View Your Estimated Rental Yield

Disclaimer: The depreciation figures provided are based on specific circumstances and may not accurately reflect your current financial situation. These figures are intended for informational purposes only and should not be construed as financial or tax advice. Individual financial situations can vary widely, and the applicability of these figures to your personal circumstances may differ. It is strongly recommended that you consult with your usual taxation adviser or a qualified financial professional/accountant to verify this information and obtain personalised advice tailored to your specific financial situation. Neither the provider of this information nor any of its affiliates shall be held liable for any decisions made based on this information without proper consultation with a professional adviser.

Key Highlights

<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);">Premium Location in Townsville</li><li style="list-style-image:none;color:rgb(51, 51, 51);">9% + Net Yield </li><li style="list-style-image:none;color:rgb(51, 51, 51);">Net Rent - $2,127,200 (management fees included)</li><li style="list-style-image:none;color:rgb(51, 51, 51);">GLA - 5,355 SQM</li><li style="list-style-image:none;color:rgb(51, 51, 51);">Site Area - 2.24 ha</li><li style="list-style-image:none;color:rgb(51, 51, 51);">WALE - 6.2 Years</li><li style="list-style-image:none;color:rgb(51, 51, 51);">Attractive Location for Retail Businesses</li><li style="list-style-image:none;color:rgb(51, 51, 51);">Major Tenat - Reading Cinemas</li><li style="list-style-image:none;color:rgb(51, 51, 51);font-style:normal;">Key Community Asset</li><li style="list-style-image:none;color:rgb(51, 51, 51);">380 Open lined spaces</li><li style="list-style-image:none;color:rgb(51, 51, 51);">Occupancy - 90%</li></ul>

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GROUP 的网络

How old is the asset?

Vendor's reason for selling?

Days property been on market?

Is this property strata titled?

Are the seller and tenant related parties?

How long has the current tenant been on site?

How long has the tenant been in business?

Is this property in a flood zone?

Is this lease a leaseback arrangement?

Initial Term:

Security:

Security Info:

Initial Term:

Security:

Security Info:

Offer To Purchase:

Initial Deposit:

Due Diligence:

Finance:

Settlement:

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