This property is located within the Palmer Street Precinct of the the High Density Residential Zone. The Palmer Street precinct continues to grow as Townsville's primary contemporary entertainment and accommodation destination.
The High Density Residential Zone is designed to promote the development of multiple dwellings (up to 12 levels), Community use projects, food and drink outlets, retail shops and short term accommodation. Other uses such as medical or childcare may also be accepted.
There is an existing 7 bedroom dwelling on the property which was leased up until recently.
To arrange an inspection, please contact exclusive agents Ray White Commercial.