50 Hale Street, Townsville City, QLD 4810

Development/Land | Hotel/Leisure

For Sale Offers to Purchase

  • Property ID: 441358
  • Floor Area: 1m²
  • Land Area: 1012m²
  • Occupancy: Vacant
CBD medium density development site with SDA approval

This gently sloping, elevated site is located in the heart of Townsville's CBD and is primed for development.

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)

There is an existing development approval for 12 specialist disability accommodation (SDA) units, including an overnight office and a rooftop terrace.

A revised scheme is also available for 10 SDA units plus the overnight office.

These plans, development approval and the building approval which is 90% complete are available to the buyer upon request.

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: Offers to Purchase

Townsville City Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $1154 $96 8.32%
Retail $2170 $302 13.92%
Offices $2231 $277 12.42%
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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