Mount View Plaza, 40-50 Bamford Lane, Kirwan, Qld 4817

RWC Retail are proud to present Mount View Plaza, for sale by Immediate Offers to Purchase at $8,500,000 (8.5%)

|What|
• Mount View Plaza is a vacant neighbourhood shopping centre as at 29/09/2025
• 3,392sqm* of lettable area across two buildings
• The primary 2,949sqm* building is being offered entirely vacant, with two tenants leasing the second 443sqm* building
• Formerly anchored by a full-line 2,083sqm* Cornetts IGA since 2005
• Suiting a wide range of uses including childcare, healthcare, gym, place of worship or any major community activity (STCA).
• Circa 1,500sqm* of pad-site potential
• 150 on-site car parks
• Estimated Fully Leased Net Income of $716,066 + GST p.a.

|Where|
• High-profile 13,302sqm* (1.33ha) island site with only 25% site coverage
• Over 550m* of four-street frontage and six points of access for customers
• In the heart of one of Townsville's largest suburbs, 9km* West of the CBD
• Townsville's population is set to grow over 31% by 2046, increasing the demand for retail amenities

|Why|
• A dominant neighbourhood shopping centre on an irreplaceable island site
• Rare opportunity to purchase a neighbourhood shopping centre below replacement cost
• Value-add potential through rental growth, repositioning and pad-site development
• Landlord favourable asset register for the incoming purchaser
• High-yielding return for investors