This remarkable 1012m² block is a rare gem, perfectly positioned in the sought-after suburb of Pimlico. Nestled in a location that combines convenience and prestige, this property offers a world of opportunity for the astute investor or visionary developer. The property is currently open to Expressions of Interest until 5:00pm on the 13th January 2025.
The vendor is motivated and willing to consider all expressions submitted by this date. An information memorandum is available upon request.
The block boasts a high-set 3-bedroom house, brimming with potential for those looking to renovate and restore. For those with grander ambitions, the property also comes with coveted development approval to remove the existing property and build four 2-bedroom units, paving the way for a lucrative multi-unit project. To add even more versatility, pre-drawn plans allow for the relocation and renovation of the existing house, providing a unique chance to retain its charm while capitalizing on the development possibilities.
Located on Kings Road, this property sits at the epicenter of Townsville’s most desirable amenities. Families will appreciate being within walking distance of Pimlico State High School and just minutes from other top-tier schools such as Hermit Park State School, Mundingburra State School, St. Joseph’s, and St. Margaret Mary’s College. Everyday conveniences are moments away, with Castletown Shopping Centre less than 2km from your doorstep and the Townsville CBD and Stockland Shopping Centre only a short 10-minute drive.
This property isn’t just a block of land—it’s a canvas for your future. Whether you dream of transforming the existing home, developing a modern multi-unit complex, or blending both visions, the possibilities here are boundless. Don’t let this extraordinary opportunity slip through your fingers—contact us today to secure your stake in Pimlico’s bright future.
Although every care has been taken to ensure accuracy, interested parties should verify the accuracy and currency of the information and make their own independent inquiries as the agent cannot attest to the correctness of the information provided. Some file photographs in use may have been taken some time ago or modifications have been conducted at the property since the photography. Please rely on your own inspection and investigations to determine if this property is suitable for your requirements and information provided is general in nature. First National Townsville bears no liability for any loss sustained due to inaccuracy or omission.
