Townsville CBD - Residential Unit Development Site
DA Approved For 39 Units
Holding Income of $100,000 pa
Prime CBD Location
E Property Consultants NQ is pleased to offer to the market this 2,019m2* prestigious inner city development site which is DA Approved for 39 residential units contained within a seven storey apartment building.
The parcel is nestled on Stanton Hill with fantastic views across Townsville City to Cleveland Bay and beyond with panoramas spanning to the mountain ranges. Only 1 minute walk to the CBD and very close to popular Flinders Street Mall destinations such as City Lane entertainment precinct which is only 600m* away.
All preliminary plans and the Decision Notice for Development Approval can be made available upon request.
The property can be purchased as a going concern because it is currently operated as a 10 bedroom guest house with an approximate income of $100,000 per annum. There is also additional income generated from on site car parks which are rented to various CBD workers.
To arrange an inspection or to secure this signature Townsville development site DA approved for 39 apartments, please contact marketing agent Mitchell Barnes of E Property Consultants NQ today.
Map for 30-32 Hale Street Townsville City QLD 4810
Map for 30-32 Hale Street Townsville City QLD 4810
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Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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