50 Hale Street

Townsville City, QLD, 4810

SOLD

What an Opportunity calling all investors/developers

With the announcement of the new Cowboys Stadium' being built at the end of Stanley Street, this is an amazing opportunity to purchase and develop the last block of land available on the corner of Hale and Stanley Streets in Townsville CBD.

The current owners situation is such, that this property MUST be sold on or before Tender closes.

This fabulous 1012m2 block of land is Code Assessable meaning future development plans do not need to be advised to the public and plans can go straight into council.
Zoned for multi dwelling this property will allow future developers to build up to 4 stories offering water views from the 3rd and 4th levels.

Located opposite the ATO in the WILLS PRECINCT planning codes are 5.5.2 as per the Townsville City Council Plan.
According to the zoning, 5.5.2 these developments can include

• Professional Offices
• Apartments
• Backpackers
• Multiple Dwelling
• Residential Care Facility
• Retirement Facility
• Rooming accomodation
• Short term accomodation
• Community Care Centre
• Emergency Services
• Telecommunications Facility
• Sales Office
• Home based business

Townsville City Council rates are $2595.58 half yearly.