|
Description: - Prime Half-Acre Corner Block
- Exceptional Medium-Density Development Potential
Unlock the possibilities with this 2,023m² vacant corner allotment in the heart of Aitkenvale. Positioned at the intersection of Pugh and Arthur Streets, this medium-density residential-zoned site is a blank canvas ready for high-impact development. Whether you choose to deploy your own vision or utilize the existing SDA development plans (STCA), this property presents an incredible opportunity for investors and developers.
Key Features:
-Land Size: Approx. 2,023m² vacant allotment
-Corner Block Dimensions: 50m frontage to Pugh St x 40m to Arthur St
-Orientation: East-facing to Pugh St, South-facing to Arthur St
-Zoning: Medium Density Residential
-Real Property Description: Lot 137 on RP703567
High-Yield Development Opportunities (STCA) with medium-density zoning, this site is suited for a range of development options, maximizing returns for investors and developers:
* Multi-Townhouse Development - Construct 6-8 modern townhouses with private courtyards, secure parking, and premium finishes to attract professionals, families, and investors.
* Apartment Complex (Low-Rise Units) - Develop a boutique residential complex of 10-16 apartments, catering to Townsville's growing demand for quality, low-maintenance living.
* Dual Occupancy or Triplex - Maximize rental yield with multiple detached or semi-detached dwellings, ideal for a mix of owner-occupiers and investors.
* Specialist Disability Accommodation (SDA) Housing - Existing plans available for a Residential Care Facility (STCA) backed by NDIS rental income.
* Build-to-Rent Model - Take advantage of long-term rental demand in Townsville by constructing a managed rental community with high occupancy potential.
Existing SDA Development Plans: (Optional)
For investors seeking a ready-to-go strategy, this site has detailed plans for a Residential Care Facility, designed to meet NDIS standards, featuring:
-6 x 2-bedroom units with 2 bathrooms each
-Two-level structure with lift access
-On-site overnight carer accommodation & designated parking
-NDIS-compliant accessibility features, including hydrotherapy baths, automation systems, electronic adjustable fittings, and fire safety compliance
As one of Queensland's fastest-growing regional hubs, Townsville offers strong infrastructure investment, population growth, and high rental demand, ensuring excellent capital growth prospects for developers.
Be Quick! Interest in this precinct has just had a big uptick. Enquire now to explore the potential and secure your stake in Townsville's thriving growth market before it's too late
***Disclaimer: All care taken, however you are encouraged to independently verify all figures, measurements and indications.
|
Click here to format this page for printing
