Sold
Last Asking Price - $2,880,000-$3,120,000
104 The Strand, North Ward QLD 4810
Apartment
13913
Block size: 709 m² approx.
NORTH WARD 104 THE STRAND - HIGH REDEVELOPMENT DEMAND - STRONG HOLDING INCOME.
104 The Strand North Ward QLD 4810
Hotel, Motel, Pub & Leisure
463 m²
For Sale, "Offers Over $3m"
HIGH REDEVELOPMENT DEMAND - STRONG HOLDING INCOME
Grossing $150k pa plus with upside
High Demand for Redevelopment
Unobstructed Magnetic Island Views
Calling all investors and developers... you can now make the number 1 seaside location in Townsville part of your prized piece of your portfolio with 104 The Strand.
It is one of the last remaining Strand fronting residential unit complexes on a single title and it is now to be sold. Acquiring this stunning waterfront location with enviable outlooks to Magnetic Island, across Cleveland Bay and along The Strand ensuring strong future demand from every angle . Its exceptionally located for ultra-convenience and lifestyle less than 50m from the ocean and within walking distance to major retailers, cafes, restaurants, hotels, an array of specialty shops and accomodation and it is less than 2km from the airport and CBD
The 3 storey brick constructed improvements, built in the early 1970's, consist of four 2-bedroom apartments, and five 1-bedroom apartments. All apartments remain on a single title (not strata titled) allowing full development capability with current development approvals along The Strand reaching up to 7 storeys.
Collect a passive rental income with the current long term lease arrangements of more than $150,000 pa gross or boost returns through short term lease offerings in an accommodation starved town, with currently less than 1% vacancy which is expected to reduce even further particularly with the influx of Military personnel imminent. Alternatively redevelop this 870 m2 regular shaped parcel with its 20m frontage and capitalise on this prime piece of waterfront land with a new modern development.
We are truly excited to be offering one of the last unit complexes on The Strand, which presents strong opportunities to both the astute investor operating long term tenancies or alternatively boost returns with short term leasing to the holiday makers and even corporate travelers. But also the progressive and forward thinking developer wanting to make their mark on Townsville's skyline and the picturesque Strand with high end residential living or a boutique luxury hotel withcommercial ground floor offerings.
For more information or to arrange an inspection, please contact exclusive marketing agents:
James Pascoe Mobile 0411296070
Daniel Packer Mobile 0460779206
Janice Gallagher Mobile 0418778333
DISCLAIMER; ALL PHOTOGRAPHS, FACADES, COLOUR SCHEMES AND FLOOR PLANS AND DIMENSIONS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND MAY VARY SLIGHTLY TO THE END PRODUCT.
Features include: Balcony,Built-in Wardrobes
Hotel, Motel, Pub & Leisure
463 m²
For Sale, "Offers Over $3m"
HIGH REDEVELOPMENT DEMAND - STRONG HOLDING INCOME
Grossing $150k pa plus with upside
High Demand for Redevelopment
Unobstructed Magnetic Island Views
Calling all investors and developers... you can now make the number 1 seaside location in Townsville part of your prized piece of your portfolio with 104 The Strand.
It is one of the last remaining Strand fronting residential unit complexes on a single title and it is now to be sold. Acquiring this stunning waterfront location with enviable outlooks to Magnetic Island, across Cleveland Bay and along The Strand ensuring strong future demand from every angle . Its exceptionally located for ultra-convenience and lifestyle less than 50m from the ocean and within walking distance to major retailers, cafes, restaurants, hotels, an array of specialty shops and accomodation and it is less than 2km from the airport and CBD
The 3 storey brick constructed improvements, built in the early 1970's, consist of four 2-bedroom apartments, and five 1-bedroom apartments. All apartments remain on a single title (not strata titled) allowing full development capability with current development approvals along The Strand reaching up to 7 storeys.
Collect a passive rental income with the current long term lease arrangements of more than $150,000 pa gross or boost returns through short term lease offerings in an accommodation starved town, with currently less than 1% vacancy which is expected to reduce even further particularly with the influx of Military personnel imminent. Alternatively redevelop this 870 m2 regular shaped parcel with its 20m frontage and capitalise on this prime piece of waterfront land with a new modern development.
We are truly excited to be offering one of the last unit complexes on The Strand, which presents strong opportunities to both the astute investor operating long term tenancies or alternatively boost returns with short term leasing to the holiday makers and even corporate travelers. But also the progressive and forward thinking developer wanting to make their mark on Townsville's skyline and the picturesque Strand with high end residential living or a boutique luxury hotel withcommercial ground floor offerings.
For more information or to arrange an inspection, please contact exclusive marketing agents:
James Pascoe Mobile 0411296070
Daniel Packer Mobile 0460779206
Janice Gallagher Mobile 0418778333
DISCLAIMER; ALL PHOTOGRAPHS, FACADES, COLOUR SCHEMES AND FLOOR PLANS AND DIMENSIONS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND MAY VARY SLIGHTLY TO THE END PRODUCT.
Features include: Balcony,Built-in Wardrobes
Inspections
No open inspections scheduled.
Send an enquiry
Contact JANICE GALLAGHER to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
13
Bathrooms:
9
Garage Spaces:
13
Property type:
Apartment
Block Size:
709 m²*
Other Details
Lot:
2
Plan Type:
RP
Plan:
717910
Legal description:
2/RP717910
Maps and area information
Block information
Block size: 709m² (approx)
Legal description: 2/RP717910
Measurements are estimates only and based on data provided under licence from
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
19 Apr 2024
Sold
Janice Gallagher Real Estate
Listed: 28/11/2023
Block size: 870m²
Transfer type: Full transfer
North Ward suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
40 years
Population
5,073
Listing ID: 182125744. This listing has been viewed 26 times. It was first displayed on 28/11/2023 and last updated on 19/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.