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House for Sale in South Townsville, QLD70-76 McIlwraith St

70-76 McIlwraith Street, South Townsville, QLD 4810
70-76 McIlwraith StreetSouth Townsville QLD 4810 AUS
-19.259942 146.825081
Price Upon Application
14 Beds
5 Baths
  • Land area 0.61 acres / 2454 sqm

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Golden Opportunity to Turn 2454m² Residential Blocks to Commercial Units

Property ID 1974620
This is a golden opportunity to buy and develop this residential area into a 12 storey block of 80 to 100 UNITS. These 3 residential homes are currently on 3 titles (which could be made into one) and are currently rented out for a considerable income which will be available on request. The power and sewerage has been upgraded in this area from adjoining developments. These 3 residential homes are very close to the C B D, sea port and the very popular Palmer Street restaurant and hotel accommodation precinct. The 3 rented homes will be sold as is and 60 days from contract date to be vacant possession unless a buyer prefers to continue to rent out as an investment. Inspection by appointment only.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.