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Ocean Breeze, 79-81 Mitchell Street North Ward, QLD 4810

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Ocean Breeze, 79-81 Mitchell Street,
North Ward, QLD 4810

Hotel, Motel & Leisure • Development Sites & Land • Other

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Map of Ocean Breeze, 79-81 Mitchell Street

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High-quality units with sea views plus Waterfront Development Site plus holding income.

  • Modern high-quality units with sea views
  • High end waterfront development sites
  • Strong holding income generated
The property holding being offered for sale represents a rare opportunity to secure an investment in a premium redevelopment location on Townsville's sought-after Strand sea frontage, together with an
immaculately presented holiday letting complex – Ocean Breeze.

The holding consists of the Ocean Breeze complex at the corner of 81 Mitchell Street and Kennedy Street,a 3-bedroom residence at 68 The Strand, 4 x 1-bedroom flats at the corner of 69 The Strand and Kennedy Street, and 4 x 2-bedroom flats plus 4 x 1-bedroom flats at 79 Mitchell Street.

The two Strand-fronting properties together comprise a 1362 sqm corner redevelopment opportunity. Ocean Breeze is a 31-unit holiday letting complex comprising of 15 x 1-bedroom apartments, 7 x 2-bedroom apartments, 8 x studio apartments and one larger single bedroom apartment.

The multi-dwelling complex at 79 Mitchell Street (adjoining Ocean Breeze) represents an additional redevelopment opportunity.

A preference is for all four properties to be sold by private treaty in one line, however, all enquiries are welcomed.

For more information or to arrange an inspection, contact:

James Pascoe or Angelo Castorina
Colliers International Townsville

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North Ward, 4810 demographic data

North Ward and Regional Queensland have similar median household incomes, at $1,500. North Ward has a younger age profile compared to the rest of Regional Queensland (median age 40 vs 41). Property ownership data shows 42% of property owners in North Ward have a mortgage.

5,073
Population
$1,500 per week
Median household income
40 years
Median age
Renters
Most residents
Families
Most households
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Ocean Breeze, 79-81 Mitchell Street
North Ward, QLD 4810
Colliers - Townsville
Level 1, 42 Sturt Street
TOWNSVILLE CITY, QLD 4810

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