52 Gregory Street, North Ward, Qld 4810

Knight Frank Townsville is pleased to present Gregory House – 52 Gregory Street, North Ward to the market For Sale.

Positioned within the heart of the Gregory Street retail precinct, this fully leased freehold investment offers a rare opportunity to acquire a generational asset underpinned by diversified income, in one of Townville’s most sought-after coastal lifestyle locations.

Key features include:
- Landmark mixed-use asset in ultra tightly held Gregory Street location
- Diversified income across 4 ground floor retail tenancies & 2 x 2-bedroom residential apartments on the first floor
- Current holding income of $141,441 per annum* net excluding GST
- 100% leased with future upside via repositioning or rental growth
- Positioned amongst Gregory Street renowned cafés, restaurants, and lifestyle amenity with close proximity to Townsville’s Strand
- Medium density residential zoning within the Northward village precinct - accommodating a broad range of tenants and development outcomes
- Townville is the Capital of North Queensland and the largest city in Australia North of the Sunshine Coast
- Supported by a $13 billion+* committed and imminent regional project pipeline

The property is offered For Sale by Private Treaty at $2,050,000 excluding GST.

For more information or to arrange an inspection, please contact Dan Place or Mark Fitzgerald.

*Approximately.