Issue 49 | The Property Development Review

Property Listings – QLD

FOR SALE High $1M’s

70-76 McIlWraith Street, SOUTH TOWNSVILLE, QLD, 4810

Situated within easy walking distance to the CBD, The Strand, QLD Country Bank Stadium and more, this property is perfectly positioned. • Land Area: 2,454m2 (approx.) combined over 3 Separate titles & zoned High Desnity Residential • Proposed unit or hotel development site with allowances for 12 storey with approx. 80-100 units allowed within the new town plan (subject to council approval) • The site is located within the CBD Fringe - restaurant and unit precinct, and a stones throw from the water • The power & sewerage foundation has been upgraded from previous adjoining unit developments. • The land is currently improved with 3x residential structures being utilised as affordable accommodation, providing excellent income (in excess of $100,000). P&L's are available upon request.

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FRANK MUNNICH 0439 766 812

94 – February /March 2024

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