Youth With A Mission are on the move! YWAM, a community based organisation, are preparing to move to new premises in the CBD and will be disposing of their current holdings in West End.
Accumulated over the last 20 years, the portfolio includes seven adjoining residential and commercial West End properties with a land area of totalling 6,780 m2.
YWAM have acquired the properties over this period of time in order to facilitate their education and youth services in the Townsville community.
Importantly, all proceeds from the sale of the properties will be directed back into the local community by funding the development of YWAM’s proposed new ‘Institute for the Nations’ campus at the former TAFE site in the CBD.
Managing Director of YWAM, Ken Mulligan said he remembered when YWAM first came to Townsville in 1992.
“We would walk the streets of West End, dreaming of what could be,” he said.
“We came with absolutely nothing except for a heart to serve and that’s what we’ve done.”
“We’ve loved our home and our neighbours in West End. It will be bittersweet to move away, but we’ve well and truly outgrown the facility.”
“We are so grateful that the Council has helped find us a new home where we can grow, help more people in the community, and play a vital role in the City’s CBD vision.” Mr Mulligan said.
Colliers International and Keyes and Co Property have been appointed to sell the portfolio.
Colliers Townsville Director Steven McDonald said that there was huge diversity within the portfolio
“On offer is seven commercial and residential buildings over multiple titles. The portfolio includes 8 Strata titled residential units, two houses, a block of flats, a and a stand alone commercial office building with the centrepiece being YWAM’s current headquarters” he said.
“The main building is simply spectacular. It is a 1,313m2 multipurpose facility consisting of a range of high quality offices and training areas, along with an air-conditioned auditorium and events area, plus commercial kitchen, recording studio, and a large covered deck area.”
“You’ve got to see it to understand the full capability of the facility,” he said.
Mr McDonald said that the entire portfolio was on offer and the properties could be purchased in one line, in combinations, or individually.
The commercial properties will be offered to the market in an expressions of interest campaign with the entire program culminating in a massive auction and community day at the facility where Keyes and Co Managing Director Damien Keyes will auction the residential properties under the hammer.
We expect it to be quite a spectacle and encourage both prospective purchasers and the general public to attend and maybe take away a little better understanding of just how much great work YWAM does in the community.
The Auction and Community Day is schedule for Saturday 7th December.