A boutique, fully-managed commercial centre in the heart of Pimlico — free parking, street presence, and an established mix of beauty, wellness and professional businesses, minutes from the Townsville CBD and the Mater Hospital precinct.
In short: French Street Centre at 28 French Street, Pimlico is a boutique multi-tenant centre offering retail shopfronts and professional office space — not warehouse or industrial space. The centre is fully tenanted at the moment, with no vacancy available right now. This page is here so Townsville businesses can register interest and be contacted first when a tenancy opens up.
French Street Centre is a small, well-presented commercial centre in one of Townsville's most central inner suburbs. Rather than a sprawling complex, it brings together a handful of complementary businesses — beauty, hair, remedial massage and accounting — under one roof, with shared free parking and genuine "park once, get everything done" convenience for the people who visit.
For a business owner, that mix matters. A tenancy here sits alongside trades that already draw regular, local foot traffic, on a street that's a short drive from the Townsville CBD and directly within the Mater Hospital precinct — one of the busiest health catchments in North Queensland. The on-site self storage and established service tenants mean the centre already has a steady rhythm of people coming and going through the week.
The centre is best suited to small and medium businesses that benefit from visibility, parking and a tidy, managed setting. Typical fits include:
Physiotherapy, podiatry, psychology, dietetics and similar — well-placed near the Mater precinct and surrounding medical demand.
Skin, brows, lashes, nails, remedial therapies — sitting naturally alongside the centre's existing beauty and wellness tenants.
Accounting, bookkeeping, mortgage and finance brokers, legal, consulting and agency offices that want a parking-friendly base.
Specialty retail and showroom-style shopfronts that value a managed centre and easy customer parking over a high-rent CBD strip.
Not a fit: French Street Centre is a retail and office centre. It is not warehouse, industrial, large-format or heavy-vehicle space. If you need a warehouse or industrial shed, this isn't the right site — though we're happy to point you toward Ray White Commercial Townsville for those enquiries.
Pimlico is a central inner suburb of Townsville, wrapped around the Mater Private Hospital — the largest private hospital in the city, completing more than 20,000 procedures a year and home to Townsville's only private emergency department. That precinct pulls a constant stream of patients, visitors, staff and visiting specialists into the immediate area — exactly the kind of reliable, year-round movement a retail or service business wants nearby.
The wider Townsville commercial picture is unusually healthy for a regional city. The CBD office market has tightened dramatically since the pandemic: vacancy in premium and A-grade office space sat below 5% at the most recent count, down from over 17% in 2019, with health and NDIS operators among the sectors competing hardest for space. When quality CBD space is scarce and rents are rising, well-located suburban centres with parking become a genuinely attractive alternative for the right tenant.
| Indicator | Recent reading | Why it matters for tenants |
|---|---|---|
| CBD premium/A-grade office vacancy | Below ~5% (from 17%+ in 2019) | Quality space is scarce; suburban options gain appeal |
| Residential rental vacancy | As low as ~0.6% in late 2025 | Tight housing signals strong population & worker inflow |
| Committed regional project pipeline | $12 billion+ reported | Sustained jobs and economic activity underpinning demand |
| Median house price growth | ~15% over the prior year | A growing, confident local economy and customer base |
Because every tenancy differs in size, fit-out and configuration, we don't publish a fixed per-square-metre rate. When a vacancy arises, the area, asking rent, outgoings and lease terms are provided up front through Ray White Commercial Townsville so you can assess it properly. If you'd like to be told first, the best move is simply to register your interest now.
If you're weighing up a move or a new location, our blog has practical local context too — including a guide to setting up a business in Townsville and a read on the Townsville property market for buyers and investors. And if a relocation means a gap between premises, the centre's own Pimlico self storage can bridge it.
There's nothing available right now, but tenancies in a small centre like this don't stay quiet forever. Tell us a little about your business and the kind of space you'd need, and we'll reach out before a vacancy is advertised. All leasing enquiries go straight to Ray White Commercial Townsville via our contact page.
Contact Us to RegisterCommon questions about retail and office space in Pimlico, Townsville.
The information on this page is general in nature and provided for informational purposes only. It does not constitute an offer to lease, a representation about any specific tenancy, or professional, legal or financial advice. Availability, rent, outgoings and lease terms are subject to change and are confirmed only through the managing agent, Ray White Commercial Townsville. Market figures referenced are drawn from third-party reporting on the broader Townsville commercial market and are not specific to French Street Centre.