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24 Rooney Street Railway Estate QLD 4810

  • Development / Land
  • 17.22 ha
  • For Sale, Expressions of Interest

South Yards Precinct - Townsville's Major Strategic Land Holding

Rarely is it possible to acquire an income-producing parcel in excess of 17ha* ripe for urban regeneration on the edge of a CBD, even more so when a Government body has recently constructed significant public infrastructure to seed this renewal process.

With the underlying land parcels having already been re-zoned to suit a future mixed-use development, the South Yards precinct represents an opportunity for a forward-thinking investor, developer or land banker to secure the key landholding into which the Townsville CBD will expand.

Key Investment Highlights include:
Irreplaceable 17ha* landholding on the periphery of the CBD
Significant holding income of $870,000 per annum Net
Mixed-Use Zoning allows for a broad range of development outcomes
Located adjacent to the new 25,000 seat, $300m Queensland Country Bank Stadium
Over 1.5M domestic and international visitors travel through Townsville every year
Townsville is an international city with over 180 flights per week
Townsville hosts two universities attracting both local and international students
Townsville is the staging point for the $27B of infrastructure projects underway in North Queensland
Townsville is home to the largest military base in Australia plus hosts the Singaporean Military

For Sale by Expressions of Interest closing Thursday, 10th September 2020 at 4pm.

For more details contact the below agents:

Colliers International
Neville Smith (0438 765 087) and Samuel Biggins (0410 979 075)

CBRE
Edward Bull (0438 619 692) and Peter Turnbull (0417 603 195)

*Approx
^Outlines indicative only

Highlights:
* 17Ha* landholding on CBD fringe
* Holding income of $870,000 pa net
* Adj. to QLD Country Bank Stadium

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2016396306
Floor AreaAsk Agent
Land Area17.22 ha
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Category
Last updated  23 Jul 2020
Map for 24 Rooney Street Railway Estate QLD 4810
Map for 24 Rooney Street Railway Estate QLD 481024 Rooney Street Railway Estate QLD 4810
Colliers International Townsville
Federation Place - Level 1, 42 Sturt Street Townsville City QLD 4810

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

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Inspections are still happening

Contact Agent