Income-Producing Tenanted Investment
Passing Rental Income of $48,000 Per Annum
Main Road Exposure With On-Site Parking

When you arrive at 23 Pilkington Street, Garbutt, you immediately understand why properties in this pocket rarely come to market.

The site has balance, strength, and position. It is a freehold parcel of about one thousand and twelve square metres set in the heart of Townsville's most established industrial zone, offering excellent main road exposure and convenient on-site parking.

The improvements total around five hundred square metres under roof with a practical mix of warehouse and workshop space plus hardstand and parking.

The block is level and rectangular with excellent street access. There are no power line constraints and truck flow is simple and efficient. Everything about the layout has been built for business.

The zoning is Medium Impact Industry under the Townsville City Plan, giving you a broad range of permissible uses from fabrication to warehousing to logistics.

The area surrounding the property is home to many national and local operators who value the proximity to Woolcock Street, the Port, and the Airport.

Inside, the structure is solid and straightforward with high-clearance roller access, clear-span workspace, and enough office or storage area to meet most operational needs.

The yard allows easy movement of vehicles and external storage without compromise.

What truly sets this asset apart is the income security. A long-term tenant is already in place and intends to remain.

This means your investment income is immediate, predictable, and stable from settlement - currently returning $48,000 per annum in passing rent. It allows you to step straight into ownership with rent already flowing and an established operator maintaining the site.

The experienced investor will ask what if the tenant leaves or what if market demand changes. The answer lies in the fundamentals.

Garbutt remains the beating heart of Townsville's trade and logistics network. It connects every major route across the city and continues to attract high demand from businesses seeking practical space near transport corridors.

This is a property that performs on paper and in practice. It offers scale, location, and reliability - all within a tightly held industrial enclave that has proven its resilience across decades of market movement.

23 Pilkington Street, Garbutt, represents the kind of secure commercial investment that serious buyers look for but rarely find. It is strong, functional, and income-producing from day one.

For more information or to arrange a private inspection, contact the exclusive marketing agents today.