South Yards Precinct: Townsville’s Most Significant Development Opportunity
Secure over 17* hectares of income-producing land on the edge of Townsville's CBD, zoned 'Mixed Use' allowing multiple development options STCA (including retail, residential, hotel, medical uses). With an enviable project pipeline and proximity to key infrastructure like the $300 million Queensland Country Bank Stadium, this site is key to the city's growth. The South Yards Precinct offers a rare chance to secure a prime income producing asset in a strategic development location.
Features include:
- Irreplaceable 172,178m²* landholding bordering the Townsville CBD
- Leased to strong performing tenant Wulguru Group, one of the largest steel fabrication & engineering companies in northern Australia, until 31st October 2027
- Tenant responsible for all outgoings including repairs and maintenance plus capital expenditure
- By far the largest and most strategically located site of scale in Townsville and the greater North Queensland region
- Located opposite to the 25,000 seat, $300M QLD Country Bank Stadium
- Mixed-use zoning allowing for a broad range of development outcomes STCA
- Significant infrastructure currently on site – over 14 buildings, 19 cranes and over 5km of rail line all owned by the landlord
- Townsville is the staging point for the $41.6B of infrastructure projects underway in North QLD
- Estimated net income of $1,153,514.81*
For Sale by Expressions of Interest closing Thursday, 20 March at 4pm (AEST).
For further information or to arrange an inspection, please contact the exclusive selling agents Aaron Power, Troy Linnane or Peter Wheeler at Colliers
*Approx
^Outlines indicative only
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