Back 29 Pugh Street
Off Market

29 Pugh Street

Aitkenvale QLD 4814

2023 m²
Land
Last sold for $550,000
Jacqui WalkerJacqui Walker, last sold this property on 09 June 2025 after 122 days on market.

Overview

Prime Half-Acre Corner Block - Exceptional Medium-Density Development Potential

- Prime Half-Acre Corner Block - Exceptional Medium-Density Development Potential Unlock the possibilities with this 2,023m² vacant corner allotment in the heart of Aitkenvale. Positioned at the intersection of Pugh and Arthur Streets, this medium-density residential-zoned site is a blank canvas ready for high-impact development. Whether you choose to deploy your own vision or utilize the existing SDA development plans (STCA), this property presents an incredible opportunity for investors and developers. Key Features: -Land Size: Approx. 2,023m² vacant allotment -Corner Block Dimensions: 50m frontage to Pugh St x 40m to Arthur St -Orientation: East-facing to Pugh St, South-facing to Arthur St -Zoning: Medium Density Residential -Real Property Description: Lot 137 on RP703567 High-Yield Development Opportunities (STCA) with medium-density zoning, this site is suited for a range of development options, maximizing returns for investors and developers: * Multi-Townhouse Development - Construct 6-8 modern townhouses with private courtyards, secure parking, and premium finishes to attract professionals, families, and investors. * Apartment Complex (Low-Rise Units) - Develop a boutique residential complex of 10-16 apartments, catering to Townsville's growing demand for quality, low-maintenance living. * Dual Occupancy or Triplex - Maximize rental yield with multiple detached or semi-detached dwellings, ideal for a mix of owner-occupiers and investors. * Specialist Disability Accommodation (SDA) Housing - Existing plans available for a Residential Care Facility (STCA) backed by NDIS rental income. * Build-to-Rent Model - Take advantage of long-term rental demand in Townsville by constructing a managed rental community with high occupancy potential. Existing SDA Development Plans: (Optional) For investors seeking a ready-to-go strategy, this site has detailed plans for a Residential Care Facility, designed to meet NDIS standards, featuring: -6 x 2-bedroom units with 2 bathrooms each -Two-level structure with lift access -On-site overnight carer accommodation & designated parking -NDIS-compliant accessibility features, including hydrotherapy baths, automation systems, electronic adjustable fittings, and fire safety compliance As one of Queensland's fastest-growing regional hubs, Townsville offers strong infrastructure investment, population growth, and high rental demand, ensuring excellent capital growth prospects for developers. Be Quick! Interest in this precinct has just had a big uptick. Enquire now to explore the potential and secure your stake in Townsville's thriving growth market before it's too late ***Disclaimer: All care taken, however you are encouraged to independently verify all figures, measurements and indications.

Features

2023 m² lot size
Land

Estimated Value

We need at least 3 similar land plots sold in Aitkenvale over the last 12 months.

Property history for 29 Pugh Street

2025
Sold
$550,000
09 Jun 2025 by Jacqui Walker, of RE/MAX Success
2025
Sold
$275,000
Private Sale/Treaty on 01 Jun 2025 by Sean Lubbe, of RE/MAX Excellence

Happy sellers in Aitkenvale

94%
94% of sellers in Aitkenvale reported that their sale price either exceeded or met their price expectations.

Aitkenvale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Aitkenvale over the last 12 months.

Local market activity for land plots in Aitkenvale

In the last 12 months, 1 land similar to 29 Pugh Street, have been sold.

This represents a 50% decrease in land plots sales when compared to the previous 12 months.

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