FOR SALE
$595,000 or nearest offer

40 Hale Street
Townsville City QLD 4810

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 1012m2
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Elevated CBD development site with Medium Density zoning

Offered to the market for the first time in 20 years, this elevated site is located in the heart of Townsville's CBD.
The regular-shaped quarter-acre block is zoned Medium Density Residential and sits within the Wills Street Precinct.
Acceptable developments includes:
• Construction up to 4 storeys
• Rooming accommodation
• Short term accommodation
• Retirement facilities
• Multiple dwellings (ie 1, 2, 3, or more dwellings or units)
Townsville is the 13th largest city in Australia and is home to the largest population base in Northern Australia. The Townsville Region is home to one of the most diverse economies in Australia with a Gross Regional Product of $15.8 billion.
Sale: $595,000 ex GST ONO
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Property Details for 40 Hale St, Townsville City

Building Type
Commercial
Floor Size
1m2
Land Size
1012m2

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About Townsville City 4810

The size of Townsville City is approximately 2 square kilometres. It has 9 parks covering nearly 5.1% of total area. The population of Townsville City in 2011 was 2,500 people. By 2016 the population was 2,874 showing a population growth of 15.0% in the area during that time. The predominant age group in Townsville City is 20-29 years. Households in Townsville City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Townsville City work in a professional occupation. In 2011, 40.8% of the homes in Townsville City were owner-occupied compared with 37.1% in 2016.

Townsville City has 2,508 properties. Over the last 5 years, Houses in Townsville City have seen a 20.60% increase in median value, while Units have seen a 39.85% increase. As at 30 November 2024:

  • The median value for Houses in Townsville City is $704,352 while the median value for Units is $504,357.
  • Houses have a median rent of $535 while Units have a median rent of $500.
There are currently 39 properties listed for sale, and 70 properties listed for rent in Townsville city on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Townsville city.

Suburb Insights for Townsville City 4810

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Troy Townsend
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Stacie Stockham
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Ray White Commercial Townsville
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.