Expression of Interest
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3 Watson Street, Rosslea QLD 4812

House
211
Block size: 981 m² approx.

Prime Development Site or Large House Site

Welcome to an exceptional development opportunity in the vibrant suburb of Mundingburra, located in Townsville, Queensland. This prime development site offers a variety of options and is strategically positioned to take advantage of the future growth of Townsville. With its existing house and generous land size, this property presents an ideal canvas for a range of development possibilities.
Location:

Situated in Mundingburra, one of Townsville's most sought-after suburbs, this development site enjoys a prime position within close proximity to the city's best amenities. Residents will benefit from the convenience of having schools, shopping centers, recreational facilities, and public transport options just minutes away. The thriving commercial and entertainment precincts are also easily accessible, ensuring a high level of convenience and desirability for future residents.

Development Potential:
The property boasts immense potential for development, offering a range of options to suit various investment strategies. With a current Development Approval (DA) in place, the site allows for the addition of townhouses behind the existing house. This presents an excellent opportunity for immediate work to commence, providing a streamlined development process and the potential for quick returns.

Alternatively, developers may choose to demolish the existing house and take full advantage of the large block size. This opens up the possibility of creating a large-scale of a five-unit dwelling site, catering to the growing demand for high-density housing options in Townsville.
Benefits:

Growing Market: Townsville's future growth prospects make this development site an attractive investment opportunity. With ongoing infrastructure development and a flourishing economy, the demand for quality housing is expected to rise, ensuring a ready market for potential buyers or tenants.
Large Block Size: The generous land size of the property provides ample space for creative design and development options. Developers can explore different configurations, such as spacious townhouses or a multi-unit dwellings, to maximize the site's potential and cater to diverse market preferences.

In summary, this development site in Mundingburra, Townsville, presents an exceptional opportunity for astute investors and developers. With its prime location, existing house, and convenient access to Townsville's best amenities, the property offers a range of options to suit various development strategies. Whether you choose to work with the existing DA or explore a large-scale multi-unit development, this site has the potential to deliver significant returns in line with Townsville's future growth. Don't miss out on this perfect development opportunity in one of Townsville's most sought-after locations.

*Property Description/Write-Up is Copyright of Team Giovanni at Ray White Townsville.
Disclaimer: Ray White Townsville has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.

Features include: Garden / Courtyard

Inspections

No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.

Send an enquiry

Contact Giovanni Spinella to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
2
Bathrooms:
1
Garage Spaces:
1
Property type:
House
Block Size:
981 *

Other Details

Lot:
28
Plan Type:
RP
Plan:
703496
Legal description:
28/RP703496
Ray White Townsville

Maps and area information

Block information
Block size: 981 (approx)
Legal description: 28/RP703496
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
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.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Nearby sales

Looking to compare sales prices?

We found 42 houses with 2 bedrooms that just sold near 3 Watson Street Rosslea

Property history

We couldn't find any history for this property.
See Rosslea's suburb profile

Rosslea suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
37 years
Population
1,903
Listing ID: 182489177. This listing has been viewed 6 times. It was first displayed on 02/05/2024 and last updated on 24/05/2024.
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.