105 The Strand, NORTH WARD QLD 4810
$5,500,000 All Offers Considered
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- Development / Land, Hotel / Leisure, Parking / Car Space, Retail
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- 12 x Onsite parking
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- 18 Mar 2015
Golden Opportunity 105 THE STRAND NORTH WARD TOWNSVILLE QLD 4814
105 The Strand Townsville
Seaside Holiday Apartments
One of the best locations in Townsville, overlooking Magnetic Island, quick walk to Rock pool and Jezzinne Barricks - $40 Million foreshore redevelopment.
105 The Strand North Ward- 1614m2
- $5.5 Million Negotiable
The front complex comprises a 4 Bedroom 130m2 apartment upstairs overlooking the pool with views to Magnetic Island from the patio. It comes with entrances from the two lockup garages. There is also a large downstairs area currently used as an office/ reception with separate kitchen, bathroom, lounge/dining room, laundry and toilet, which could be converted to a retail business, food outlet or tourist shop.
Further up the drive there are 9 fully furnished two bedroom Townhouses (with Individual single open garages) a BBQ Area and lockup storage area which could be converted easily to lockup cages.
The beautiful pool and spa area has recently been renovated, the roof was last year refurbished with Dulux cool roof Acra-Text paint, had new gutters and downpipes installed and the external walls painted, and the level of interior maintenance has always been high.
A golden opportunity to purchase the whole site of over 2626m2 by purchasing the rear property which is on a separate title.
159 Mitchell Street North Ward- 1012m2
- $3 million Negotiable
The rear complex comprises 6 Double storey fully furnished
Townhouses, with separate court yard gardens, and a single studio apartment. A separate garage complex is available for these Townhouses.
Like the front section, maintenance has been high, with similar roof paint treatment, new gutters, down pipes and external painting.
A shrewd Investor could consider redevelopment of the site,
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
105 The Strand NORTH WARD