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70-76 McIlwraith Street, South Townsville, QLD 4810

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70-76 McIlwraith Street, South Townsville, QLD 4810

70-76 McIlwraith Street, South Townsville, QLD 4810

Properties / Buy / Queensland / South Townsville
Development Potential

1. Property Summary

Property Type
Commercial, Residential
Sub Type
Hotel Sites, Land Site
Land Area
2,454 m² (*approx)
Zoning
High Density Residential
Local Government
Townsville City
Selling Method
For Sale: Contact Agent
DOCUMENTS AVAILABLE
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2. Property Highlights

Development Opportunity with excellent holding income.

Aluka Property is proud to offer this development opportunity with excellent holding income in Townsville.

Situated within easy walking distance to the CBD, The Strand, QLD Country Bank Stadium and more, this property is perfectly positioned.

- Land Area: 2,454m2 combined over 3 Separate titles

- Proposed unit or hotel development site with allowances for 12 storey with approx. 80-100 units allowed within the new town plan (subject to council approval)

- The site is located within the CBD Fringe - restaurant and unit precinct, and a stones throw from the water

- Poised to take advantage of many heavy industry, mining and major infrastructure projects about to commence in Townsville area

- A project built on this site would likey have ocean and mountain views from the 3rd floor of the building

- The power & sewerage foundation has been upgraded from previous adjoining unit developments.

- The land is currently improved with 3x residential structures currently being utilised as affordable accommodation, providing excellent income (in excess of $100,000). P&L's are available upon request.

For further information, please contact exclusive market agent, Frank Munnich on 0439 766 812, or fmunnich@alukaproperty.com.au

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom

1. Property Summary

Property Type
Commercial, Residential
Sub-type
Hotel Sites, Land Site
Land Area
2,454 m² (*approx)
High Density Residential
Local Government
Townsville City
Selling method
For Sale: Contact Agent
DOCUMENTS AVAILABLE
Gain Access

2. Property Highlights

Development Opportunity with excellent holding income.

Aluka Property is proud to offer this development opportunity with excellent holding income in Townsville.

Situated within easy walking distance to the CBD, The Strand, QLD Country Bank Stadium and more, this property is perfectly positioned.

- Land Area: 2,454m2 combined over 3 Separate titles

- Proposed unit or hotel development site with allowances for 12 storey with approx. 80-100 units allowed within the new town plan (subject to council approval)

- The site is located within the CBD Fringe - restaurant and unit precinct, and a stones throw from the water

- Poised to take advantage of many heavy industry, mining and major infrastructure projects about to commence in Townsville area

- A project built on this site would likey have ocean and mountain views from the 3rd floor of the building

- The power & sewerage foundation has been upgraded from previous adjoining unit developments.

- The land is currently improved with 3x residential structures currently being utilised as affordable accommodation, providing excellent income (in excess of $100,000). P&L's are available upon request.

For further information, please contact exclusive market agent, Frank Munnich on 0439 766 812, or fmunnich@alukaproperty.com.au

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential

4. Property Location

70-76 McIlwraith Street, South Townsville, QLD 4810

Property Map

5. Market Intelligence Report

Developments and amenities within a 5km radius of the asset.

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70-76 McIlwraith Street, South Townsville, QLD 4810 South Townsville
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