Prime Industrial Lot on the Market Amidst Record High Demand and Limited Supply

Sherpa Property Group is pleased to announce a prime industrial lot available for purchase in Garbutt, presenting an exceptional opportunity for investors and owner-occupiers to gain a foothold in a thriving market with soaring demand.

Situated at 58 - 62 Mather Street, Garbutt, Townsville, this 5,054m² Low Impact Industry Use zoned lot is strategically located at the prominent corner of Mather Street and Woolcock Street and priced at $1 million +GST.

Woolcock Street serves as a vital access point to Northern Queensland through the Northern Beaches corridor, making it an ideal location for businesses seeking strategic positioning.

Sherpa Property Group has observed exceptional levels of demand for lots of this kind in the region, having successfully sold two out of three large lots in just a few months. This swift turnover underscores the robust demand and investor confidence in Townsville's industrial sector.

"The demand for industrial lots in Townsville has been remarkable,” said the Founder of Sherpa Property Group, Christie Leet.

“We have witnessed a strong appetite from investors and businesses alike, looking to secure prime properties in strategic locations. The rapid sale of our previous lots demonstrates the confidence investors have in the Townsville market.

The Department of Main Roads and Transport reports a staggering 46,129 cars utilising this arterial road daily, underlining its unmatched visibility and accessibility.  

Garbutt, one of Townsville’s primary commercial suburbs, boasts a diverse mix of residential, commercial, and industrial properties. Its proximity to major retail and commercial sectors in Townsville positions it as a hub of growth and opportunity.

“The property lends itself to a variety of uses, offering flexibility for the astute investor or owner occupier like the two buyers of the first two lots,” said Shaun McLaren, a representative from Colliers Townsville.

“The land’s excellent location, high exposure, proximity to major transport routes and services, and close proximity to central Townsville ensures the location for commercial activities such as manufacturing, logistics, showrooms, warehouses, bulky goods retail, and transport."

“This offering certainly provides a rare chance for investors and businesses to secure a foothold in Townsville's burgeoning industrial market. The opportunity for growth and prosperity in this thriving economic environment is unmatched.”

For further information about this prime industrial lot, please contact Shaun McLaren on +61 439 708 449.