22 Rainbow Road Charters Towers QLD 4820

Services:

Situated about 3 km from Charters Towers town centre the property accesses all the services of a regional town with a population of approximately 9000 people.

Schooling, both primary and secondary, are a feature of the Charters Towers community with the town having three excellent Private Schools, a State High School and three State Primary Schools. Charters Towers is an historic city established in the gold rush of the 1880’s and still services the large Gold Mining and Grazing Industries of the Charters Towers shire. For cattleman, the weekly liveweight selling centre in Charters Towers, Live Export ex Townsville (110 km) and Townsville meatworks are all major attractions for this location. Townsville is a vibrant city of approximately people 200,000 with diverse industry and opportunity for employment, business, and higher education.

Location:

22 Rainbow Road is located on the southern side of town, turning off the heavy vehicle bypass. It is surrounded by a mixture of industrial and residential real estate. The property is only approximately a 2-minute drive to the town centre and approximately 3 km by distance.

Area & Tenure:

Land Area - 1,227 m² Freehold Land

Land Use – Light Industry

Local Authority – Charters Towers Regional Council

Overview:

22 Rainbow Road is 1227 square metres of freehold land located on a busy high traffic, visually exposed location. It has large industrial shed currently setup as an auto electrician’s workshop. It has a kitchen, both male and female toilets, a large mezzanine floor for product storage, as well as several other storage rooms. It also has a split system - airconditioned office with office cabinetry and small showroom for selling products. It also has another storage/ garage shed out the back of the property as well.

Office:

22 Rainbow Road has a nice inviting airconditioned office with built in cabinetry and office benches. It also has a reception counter used for serving customers.

Workshop shed:

22 Rainbow Road has a large, enclosed industrial shed made from steel trusses, purlins and roofing iron as well a concrete floor throughout. The shed measures approximately 16 metres wide x 22 metres long and approximately 8-10 metres high to the apex. Above the office is a mezzanine floor with stairs leading up to the top. The mezzanine floor is currently used for storage of spare products. The shed also has a kitchen, storage room and separate male and female toilets. There is electricity and water connected throughout the entire shed and the building is well lit with mostly LED lights. The shed is fully lockable with a large sliding door and a roller door which shut to secure the shed. The current tenant has their own car hoist and enjoys the large open areas and height that this shed offers.

Behind the main workshop shed there is also an undercover space which is currently used for storing a workshop material, a mower and other items.

Large workshop floor area
Male & female toilets
Kitchen
Lockable storage room
Mezzanine floor
Lockable workshop

Storage Shed / Undercover Space:

The property also has an additional storage shed out the very back of the property which has 3 bays in total plus a small lockable room used for secure storage.

Beside the main shed is a large drive in concreted area which has several large shade sails. This has been perfect for the current tenants working on larger trucks and equipment.

Fencing:

The property is very secure with 6-foot chain wire fencing and lockable gates throughout as well as security cameras for backup.

Rent:

The property is currently being rented and will be sold with a tenancy lease in place that has approximately 12 months remaining with no lease renewal option. The rental returns are fair with a nice ROI opportunity waiting for the would-be investors.

Water & Electricity:

The property is connected to the town water supply which is excellent quality potable water. The property is connected to three phase electricity.

Disclaimer: The above report has been prepared by Slaney & Co based on information supplied by the property owner and other credible sources. Every endeavour has been made to verify its accuracy. Whilst we trust the information to be correct, we make no warranties nor guarantees, and prospective purchasers must rely on their own enquiries & research. © Copyright Slaney & Co