Under instruction from the vendor, PRDnationwide Townsville are delighted to offer for sale by expressions of interest, a rare waterfront development site planned for 104 apartments spread over five buildings. Stage 1 comprising 39 x 3 bed units and 6 x 2 bed units has DA approval, while stage 2 comprising 59 x 3 bed units is awaiting final approval from council.
This prime site is strategically located between the CBD and high demand generators including the Stuart industrial area, Lavarack Barracks and the JCU growth corridor. Access is facilitated by the state controlled Railway Avenue which feeds directly north into the CBD and south to the major employment zones.
The property represents a rare riverfront development opportunity and as such will be highly sought after.
An Information Memorandum is available on request.