108 Lannercost Street Ingham QLD 4850
For Sale $698,000 plus GST
- Property Type Retail
- Land area approx 885sqm
- Floor area approx 420sqm
- Region Townsville and North West
- Locality Hinchinbrook
Commercial Investment Opportunity on Main Street Ingham - set on 885m2
Phone enquiries - please call 1300 594 794 and quote property ID 39143.
An outstanding opportunity to secure a versatile commercial property in the thriving rural township of Ingham. Positioned in a strong growth area, with domestic property prices rising significantly in the past year, this building offers both solid rental income and exceptional future potential.
The property is located on Lannercost Street, the main shopping street in town. It is out of known flood and was well clear of recent flood events, providing added confidence for investors and operators alike. It comprises four separate tenancies, delivering diversified income streams with further upside.
Current Tenancies & Income
Tenancy 1 – 270m² (Vacant Possession)
Fully air-conditioned and nearly fitted out for food manufacturing, catering, frozen food production or restaurant use. Includes three cold rooms (two large cold rooms including snap freezer and working cold room), three-phase power, gas bottles and lines, exhaust hood, instant hot water, stainless steel benches, tables, chairs and counter. No ovens installed. Ready for immediate operation.
Potential rental: approx. $4,500 per month + GST.
Tenancy 2 – 40m² Offices (Leased)
Currently tenanted.
Rental: $700 per month + GST.
Tenancy 3 – 70m² (Flexible Use)
Previously used as a commercial laundromat and suitable for workshop or office conversion.
Rental: $900 per month + GST.
Tenancy 4 – 42m² Storage Room
Rental: $200 per month + GST.
Income Summary
Total potential rental income: approximately $6,300 per month + GST.
This property presents a strong investment opportunity with immediate income and further value-add potential. Tenancy 1 also offers an excellent opportunity to establish a much-needed takeaway, restaurant, food manufacturing or catering business in the local community. The town is booming making it a good opportunity for businesses and investors.
Additionally, the Queensland Government is currently offering grants for new or expanding commercial businesses, providing potential support for eligible purchasers.
Enquire today to secure this versatile commercial asset in a growing regional centre.
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.
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