This Grand Lady is seeking a new family to grow up and enjoy what she has to offer. This beautiful home is perfect to raise a family and run a business from and still has plenty to give, one outstanding and tangible feature of this property is its prime location opposite one of Townsville’s leading hospitals another is it’s enviable location just 5 minutes from the Townsville CBD and close to arterial roads. Similarly, it is well positioned to shops, schools, childcare, major conveniences and public transport. The district surrounding 5 Oxford St is poised to develop commercially with medical suites and health specialists and this property, in particular, has been the scope and zoning privileges to take advantage of the medical expansions in the vicinity.
The options for potential expansion are also positive. It is also well-placed as an investment into either a townhouse development for short-term accommodation or linked to associated health services as a group of offices and consultant suites. As the hospital moves towards increasing its oncology and renal units at this facility, the traffic will continue to flow.
The townhouse development option would cater to short-term and out-of-town families requiring accommodation. Research is showing that this trend is by no means abating and families are finding it difficult to secure suitable accommodation with relative proximity to treatment sites. Astute investors would be able to seize this prime location and have a ready clientele of renters.
Professionals in the health industry continue to develop compatible and complimentary prospects within the industry and within the neighbourhood. Many suburbs in Townsville are being renovated into business and service districts and this property is at the forefront of similar expansion. Converting the house into offices and suites reflects the demand for land close to current amenities and creates a hub of similarly-focused businesses. It is a mutually compatible solution to bringing essential services to Townsville residents.
5 Oxford St offers a sound business opportunity that would appeal to health professionals and related industries in creating a district of mutually compatible businesses and services. Both the location and time are ideal for the house and/or land development to proceed. It is a viable commercial venture.