2-6 Railway Avenue Railway Estate QLD 4810
- Development / Land
- 2,730 m²
- For Sale, Offers Over $1.8m
Prime Development Site - Fringe CBD
- Fringe CBD Exposed Site
- Holding Income
- Prime Development Opportunity
This substantial site enjoys pole position on a busy intersection leading into the Townsville CBD and offers opportunities for the owner-occupier or developer alike.
The site is located on the corner of Boundary Street and Railway Avenue opposite the Ross Island Hotel and Pit Lane (home of the V8 Supercars), and a stone's throw from the new NQ Sports Stadium (home of the NQ Cowboys), Townsville CBD and Palmer Street hotel and eatery precinct.
2,730sqm* of land across 3 separate lots with current commercial and residential applications and zoned "Character Residential"
Existing improvements include a 2-storey commercial building with retail/office tenancies on the ground floor and commercial/residential tenancies on the first level (partially tenanted), a highset Queenslander-style residence (tenanted), and an office and workshop facility on a concrete-sealed site (tenanted) - total site coverage is approximately 30%
Current passing gross income is $65,000 excluding GST pa*
Value-add opportunities such as billboard advertising to take advantage of passing traffic
For further details or to arrange an inspection please contact Steve Whaling on 0423 267 909 or email email@example.com
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