• For Sale
  • Commercial Land Site
Possible Redevelopment Site - 420*m from beach
Possible Redevelopment Site - 420*m from beach
Possible Redevelopment Site - 420*m from beach
Possible Redevelopment Site - 420*m from beach
Possible Redevelopment Site - 420*m from beach
Possible Redevelopment Site - 420*m from beach

For Sale

$650,000 ex (GST)
The property is located on the main Magnetic Island arterial road, opposite Foodworks shopping centre, 420*m from the beach, and 1.5*km from the Magnetic Island Ferry Terminal.

The property adjoins established residential housing. It is 4.066* Ha in land area and has an 81*m frontage to Sooning Street, and two frontages to Kelly Street – 23*m and 20*m respectively.

The property is currently zoned Communities Facilities Zone – adjoining zoning is Low Density Residential.

The opportunity exists to develop the site, with an immediate possible cashflow from subdividing 2 x residential allotments from the two frontages to Kelly Street.

Information Memorandum available

For further details, please contact Angelo Castorina at Colliers International Townsville.

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Ref #: 3cc3769e-7570-46b2-919d-0f69fb

Property Details