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Colliers - Townsville

70 The Strand North Ward, QLD 4810

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70 The Strand,
North Ward, QLD 4810

Hotel, Motel & Leisure • Development Sites & Land

Price information

Sold

$1,800,000

Key property information

Land area

Floor area

Property extent

Sold on

Colliers - Townsville
Shaun McLaren
Angelo Castorina

Colliers - Townsville

Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
Colliers - Townsville
70 The Strand
North Ward, QLD 4810

Map of 70 The Strand

Directions

Rare Ocean Front Development Opportunity

  • 1,012m2 Corner Location on The Strand
  • Holding Income circa $42,400 p.a.
  • Multi-Level Development Zoning
This 1012 sqm block of land is one of Townsville's rarest development opportunities with limited stock ever coming to the market on The Strand. Improvements comprise of 8 x 2-bedroom flats on a corner allotment. Zoning allows for multi-level mixed-use development.

The property has uninterrupted views of Magnetic Island and great aspects over The Strand which make this site an ideal location for a residential unit development. There is holding income of approximately $42,400 net per annum.

With enormous potential, this will be a sought after location. The property is for Sale for $1,875,000.

For all the sale details please contact Shaun McLaren or Angelo Castorina at Colliers International Townsville.

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Property ID: 502901758Last Updated: 27 Jan 2021

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