Located in the heart of the well serviced and established suburb of Aitkenvale is this 1,012m2 site with a DA in place for 2 x 3 bedroom units & 2 x 2 bedroom units, offering an excellent investment opportunity with the potential of future growth taking into consideration the current low rental vacancy rate in Townsville.
All the hard work has been done. Opportunities such as this are often sought after and rarely come on to the market.
The site is perfectly located close Stockland Shopping Centre, public transport and a variety of professional services, dining options and a choice of parks and schools.
Call agent for more information.
The size of Aitkenvale is approximately 3.3 square kilometres. It has 8 parks covering nearly 15.5% of total area. The population of Aitkenvale in 2011 was 4,909 people. By 2016 the population was 4,800 showing a population decline of 2.2% in the area during that time. The predominant age group in Aitkenvale is 20-29 years. Households in Aitkenvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Aitkenvale work in a professional occupation. In 2011, 52.8% of the homes in Aitkenvale were owner-occupied compared with 51.8% in 2016.
Aitkenvale has 2,508 properties. Over the last 5 years, Houses in Aitkenvale have seen a 77.31% increase in median value, while Units have seen a 79.49% increase. As at 31 October 2024:
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