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Colliers International - Townsville
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Townsville Seaside Apartments, 105 The Strand North Ward, QLD 4810

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For Sale - Sale by Negotiation

Townsville Seaside Apartments, 105 The Strand North Ward, QLD 4810

Development Sites & Land • Hotel & Leisure
Sale Price

$4,950,000 negotiable

Land area

2626.0m²

Strand Opportunity - Going Concern or Street-to-Street Redevelopment Site. Suit Owner Operator, Astute Investor or Creative Developer.

  • Sea views to Magnetic Island
  • Street-to-street frontage
  • Going Concern or redevelopment

Currently operated as holiday letting apartments, the property comprises of 2 titles with 9 x 2-bedroom, townhouse style apartments facing The Strand, with ocean views across to Magnetic Island, and 6 x 2-bedroom townhouse apartments plus 1 x studio apartment fronting Mitchell Street. In addition, the property includes an upper-level 4-bedroom manager’s residence with balcony and sea views, inground pool, and undercover BBQ area. All apartments are fully furnished with new TV’s. Property was repainted 3 years ago.

The property offers an opportunity for an owner operator to continue with running the existing holiday letting business or a creative developer to take advantage of the Medium Density (5-level) Residential zoning to redevelop the street-to-street site, or an astute investor to run the apartments as permanent lettings and/or possibly group-title the apartments individually for resale.

Information Memorandum available.

Property ID: 503075994Last Updated: 16 Apr 2019

0407 *** ***
Colliers International - Townsville
Townsville Seaside Apartments, 105 The Strand
North Ward, QLD 4810
Angelo Castorina

Colliers International - Townsville

Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810

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Colliers International - Townsville

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Colliers International - Townsville

Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810
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Angelo Castorina

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Angelo Castorina
Colliers International - Townsville
Townsville Seaside Apartments, 105 The Strand North Ward, QLD 4810

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Angelo Castorina

    Angelo Castorina

    Colliers International - Townsville
    0407 *** ***