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37159 Bruce Highway
Julago QLD 4816
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37159 Bruce Highway Julago QLD 4816

  • Development / Land
  • 6.53 ha
  • For Sale, Contact Agent

Lifestyle Opportunity with Rental Income

  • Genuine Income Stream - $200k pa gross
  • 65,275sqm elevated lot - 374m frontage
  • Only 15 Minutes from the Townsville CBD

Seize the chance to own this rare acreage style residential property so close to the CBD with an added bonus of a short term accommodation facility . Benefit from the $4 billion pipeline of job ready projects planned for the Townsville region, creating an unprecedented demand for short term accommodation.

There are opportunities to explore the possibility of leasing out the accommodation business, sub-dividing the property and further developing the areas not currently in use. Take advantage of the existing infrastructure for accommodation ideal for workers accommodation, church and community groups, emergency accommodation, retreat, and respite centre etc (STCA).

This property consists of more than 16 acres or 65,275 sqm with 374 metres of Bruce Highway frontage. Improved with 10 masonry block constructed units, managers residence and attached amenities and equipment to service guests. Elevated and to the rear of the parcel sits the recently renovated family home, capable of housing the biggest of families and perfect for the multi generational living arrangements as well with a fully self contained unit on the ground floor.

Accommodation Features:
- 10 motel style apartments including 3 units with kitchenette facilities, remaining units can
easily include this feature as well.
- Current gross income of circa $200,000 with potential to increase further.
- Plus 2-bed managers residence plus reception, large kitchen and laundry facilities
capable of servicing all guests.
- Constructed of masonry block with fire rated divisions.
- 3kw solar system with inverter.
- Surrounded by fruit trees.

Home
- Two storey 4-bed family home, renovated internally with covered swimming pool and
outdoor entertaining deck alongside at floor level.
- Below is a fully self contained renovated 2-bed apartment.
- Covered car parking areas and nearby horse stable and storage sheds.

The vendors are highly motivated to sell with retirement and relocation imminent. It is a rare opportunity to purchase a substantial land holding alongside the Elliot Springs master planned community, incorporating an easily managed short term accommodation business with a large family home, perfect for the kids away from the screens and out riding horses and feeding the animals.

It is ideal for those seeking the benefits of an acreage lifestyle yet unlike most acreage offerings, this property includes a genuine income stream with further upside avenues given its perfect position in the southern growth corridor of Townsville, and it is only 15 mins from the CBD and the school bus passed right by.

This property must be sold, the mandate to sell is loud and clear, SELLING NOW!!!
Enquire now with inspections by appointment and additional information available upon request.

Please contact the marketing agents: Daniel Packer & James Pascoe

Property Highlights

Floor Area10,250 m²
Land Area6.53 ha
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2018726670
Category
Last updated  17 Apr 2024
Map for 37159 Bruce Highway Julago QLD 4816

Property Highlights

Floor Area10,250 m²
Land Area6.53 ha
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2018726670
Category
Last updated  17 Apr 2024

Co-Agents

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