An exceptional development opportunity awaits at 30-32 Hale Street, Townsville City. This expansive 2,017sqm* dual-access site is offered with Development Approval in place for a striking seven-storey residential complex comprising 39 architecturally designed apartments.
Thoughtfully designed to embrace the tropical North Queensland climate, the approved plans incorporate deep verandas, breezeways, and lush landscaped spaces-maximising natural light, airflow, and liveability.
Positioned on the rise of Stanton Hill with Castle Hill as a stunning backdrop, the site captures cooling breezes and elevated views across Townsville City, Cleveland Bay, and the surrounding ranges.
Despite its peaceful and elevated setting, the property is just a short one-minute walk to the Townsville CBD, placing restaurants, cafés, bars, retail, and the vibrant Flinders Street and Palmer Street precincts right at your doorstep.
Key lifestyle and entertainment destinations are also within easy walking distance, including Queensland Country Bank Stadium, the beachfront promenade along The Strand, and The Ville Resort-Casino, with convenient ferry access to Magnetic Island nearby.
Currently operating as Coral Lodge Bed & Breakfast Inn (established in 1994), the property features 10 guest rooms plus a manager's residence, providing an immediate income stream. There is also potential to further enhance returns through on-site parking rentals catering to CBD workers.
This prime inner-city address presents a compelling opportunity for developers and investors alike, appealing to professionals and lifestyle-focused residents seeking convenience, connectivity, and vibrant city living.
Interested parties should verify the accuracy and currency of the information and make their own independent inquiries as the agent cannot attest to the correctness of the information provided. Some file photographs in use may have been taken some time ago or modifications have been conducted at the property since the photography. Please rely on your own inspection and investigations to determine if this property is suitable for your requirements and information provided is general in nature. Ray White Townsville bears no liability for any loss sustained due to inaccuracy or omission.
