Beach Front Apartments with Prime Development Potential
An opportunity exists to purchase Townsville Seaside Apartments to operate as a going concern with the potential to redevelop the site which features street-to-street frontage from The Strand through to Mitchell Street.
Currently operated as holiday letting apartments and would be ideal for an owner operator, investor or developer.
The property is positioned over two titles with 9 x 2 bedroom townhouse style apartments fronting The Strand and 6 x 2 bedroom townhouse apartments plus 1 x studio apartment fronting Mitchell Street. All apartments are fully furnished and the entire property was repainted 3 years ago.
Property Features:
* Holiday Letting Apartments
* 15 x 2 Bedroom Townhouse Apartments
* 1 x Studio Apartment
* Managers Residence (4 Bedrooms)
* Development Opportunity
* Medium Density (5 – Level) Residential Zoning
* Prime Seaside Location
* Inground pool with views overlooking The Strand
* Undercover BBQ/Entertainment Area
To arrange an inspection or to secure this quality location, please contact marketing agent Mitchell Barnes of E Property Consultants NQ today.
* Approximate
Property Features
- Hotel/Leisure
- Land is 2,626 m²
- Floor Area is 1 m²
Commercial Features
Highlight 1
Panoramic Seaviews
Highlight 2
Going Concern
Highlight 3
Redevelopment Opportunity
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