Fairfield Waters

Project Description

The property is located in the growing residential suburb of Idalia, approximately nine kilometres south of the main business district of Townsville. Townsville, located approximately 1,373 kilometres north of Brisbane, Queensland, is a major service centre. It is the main centre for government administration outside Brisbane, with regional health services provided by the Townsville Hospital and a number of research institutions such as James Cook University, the Australian Institute of Marine Science, the Great Barrier Reef Marine Park Authority, Department of Primary Industries and CSIRO Davies Laboratory. The large defence presence from army and air force bases also influences the local economy.

Land area

28,940 m²

The total GLA/retail area

13,645 m²

Lease Commencement Date

31/3/2011

Total Property Cost

$17,965,569

Current valuation

$24,600,000

Annual Rent

$1,709,525

Project Location

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