40 Hale Street, Townsville City, QLD 4810

Development/Land | Hotel/Leisure

For Sale $595,000 or nearest offer

  • Property ID: 439045
  • Floor Area: 1m²
  • Land Area: 1012m²
  • Occupancy: Vacant
Elevated CBD development site with Medium Density zoning

Offered to the market for the first time in 20 years, this elevated site is located in the heart of Townsville's CBD.

The regular-shaped quarter-acre block is zoned Medium Density Residential and sits within the Wills Street Precinct.

Acceptable development includes:
• Construction up to 4 storeys
• Short term accommodation
• Rooming accommodation
• Retirement facilities
• Multiple dwellings (ie 1, 2, 3, or more dwellings or units)

Townsville is the 13th largest city in Australia and is home to the largest population base in Northern Australia. The Townsville Region is home to one of the most diverse economies in Australia with a Gross Regional Product of $15.8 billion.

Sale: $595,000 ex GST

Please contact Ray White Commercial for more information.

Townsville City Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2231 $276 12.35%
Industrial $1154 $96 8.32%
Retail $2170 $302 13.92%
This is the average advertised price, rent and yield for Townsville City, QLD 4810*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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