On behalf of Ferrier Hodgson as appointed Receivers and Managers, Colliers International are pleased to offer for sale this strategic waterfront development site located on the Townsville Breakwater.
The site consists of five community title lots, totalling 29,638m²* of land area with 440m* of water frontage and has a Preliminary Approval for a mixed residential development and a Development Approval for 49 apartment units and 94 holiday units on Lot 3.
The Masterplan approval allows for up to 61,000 m²* of Gross Floor Area (GFA) across the site.
Property highlights:
• Ocean front site consisting of 5 lots
• Total land area 29,638m²*
• Lots 1-3 with 440m* of ocean frontage
• Estimated GFA of 61,000m²*
• Approval for 49 apartment units and 94 holiday units on Lot 3
The property is being offered for sale by an “Offers to Purchase” campaign closing at 4pm on Thursday 6th October 2016.
Further due diligence information is available in an electronic data room which can be accessed by contacting either of the marketing agents.
* Approximately
Outlines indicative only.
