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72 Gill St 4,036 SF Retail Building Charters Towers City, QLD 4820 $175,063 ($43.37/SF) 7.20% Cap Rate



Investment Highlights
- Prime main street frontage in Charters Towers CBD ensuring high pedestrian and vehicle exposure.
- Rear access from Hodgkinson Street easement, ideal for deliveries and staff parking.
- Large 375 m² open-plan building showcasing heritage architecture with exceptional signage opportunities.
Executive Summary
An exceptional opportunity is available in the heart of Charters Towers’ main commercial corridor with this expansive 375 m² open-plan retail building. Located on Gill Street, the city’s most recognized shopping and business precinct, this heritage property combines high-footfall positioning with iconic architectural character, offering unbeatable visibility for any future business or investment strategy.
The property provides an open internal layout complemented by timeless façade elements, creating prominent signage opportunities for brand exposure. Practical interior features include a dedicated office, kitchenette, and toilet, alongside generous rear storage space. Air-conditioning serves both the main shop floor and office areas for operational comfort. Additionally, rear access from Hodgkinson Street via an easement allows for efficient stock deliveries or employee parking—a significant advantage in a high-demand district.
Currently achieving an approximate ROI of 7.2%, this property offers reliable income with long-term tenant stability. Situated adjacent to a local convenience store and surrounded by established retailers, the property benefits from both steady daily traffic and strong tenant appeal. For investors and owner-occupiers alike, this offering represents a blend of heritage appeal and modern functionality in a highly visible, growth-oriented location.
The property provides an open internal layout complemented by timeless façade elements, creating prominent signage opportunities for brand exposure. Practical interior features include a dedicated office, kitchenette, and toilet, alongside generous rear storage space. Air-conditioning serves both the main shop floor and office areas for operational comfort. Additionally, rear access from Hodgkinson Street via an easement allows for efficient stock deliveries or employee parking—a significant advantage in a high-demand district.
Currently achieving an approximate ROI of 7.2%, this property offers reliable income with long-term tenant stability. Situated adjacent to a local convenience store and surrounded by established retailers, the property benefits from both steady daily traffic and strong tenant appeal. For investors and owner-occupiers alike, this offering represents a blend of heritage appeal and modern functionality in a highly visible, growth-oriented location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,036 SF
Building Class
C
Price
$175,063
Price Per SF
$43.37
Cap Rate
7.20%
NOI
$12,605
Tenancy
Single
Building Height
1 Story
Building FAR
0.92
Lot Size
0.10 AC
Parking
2 Spaces (0.49 Spaces per 1,000 SF Leased)
Frontage
25’ on Gill Street
Amenities
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
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72 Gill St
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