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TA Property Trust - Fully Subscribed
Investment
The Asset
The property occupies a high-profile corner site at a major intersection linking Townsville’s primary arterial route into the CBD with key access roads from the airport. With dual frontage exceeding 320 metres along Duckworth Street and Woolcock Street, the site offers excellent visibility and multiple access points, supporting strong traffic exposure and ease of entry.
Set across a substantial landholding of approximately 34,730m², the property features a modern, purpose-built dealership facility, incorporating a high-quality showroom, office accommodation, and a full-service vehicle workshop.
The property is occupied by Eagers Automotive Group, one of Australia’s leading automotive retailers.
Key Stats
Address:
36-52 Duckworth Street, Garbutt, Townsville QLD 4814
Property Settlement:
November 11, 2021
tenants:
Eagers Automotive Group
WALE:
6.37 years
Gearing:
38%
Investment Term:
5 years
Targeted Return:
8.75% P.A
Note: Figures correct as at 31st March, 2025