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This substantial site enjoys pole position on a busy intersection leading into the Townsville CBD and offers opportunities for the owner-occupier or developer alike.
Located on the corner of Boundary Street and Railway Avenue opposite the Ross Island Hotel and Pit Lane (home of the V8 Supercars), and a stone’s throw from the QLD Country Bank Stadium (home of the NQ Cowboys), Townsville CBD and Palmer Street hotel and eatery precinct.
Existing improvements include a 2-storey commercial building with retail/office tenancies on the ground floor and commercial/residential tenancies on the first level (partially tenanted); a high-set Queenslander-style residence (tenanted),;and an office and workshop facility on a concrete-sealed site (tenanted) – total site coverage is approximately 30%
Key Features:
– Total 2,730sqm* of land across 3 separate lots
– Current commercial and residential applications
– Zoned “Character Residential”
– Current passing gross income is $95,782 excluding GST pa*
– Opportunity to purchase “Townsville Computer Recyclers” business (WIWO) – https://www.townsvillecomputerrecyclers.com.au/
– Value-add opportunities such as billboard advertising to take advantage of passing traffic
*Approximately
For further details or to arrange an inspection please contact Steve Whaling on 0423 267 909 or email steve@epcnq.com.au.
Property Features
- Land/Development
- Land is 2,730 m²
- Floor Area is 600 m²
Commercial Features
Highlight 1
Fringe CBD Exposed Site
Highlight 2
Holding Income
Highlight 3
Prime Development Opportunity
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