Colliers are pleased to offer to the market 393-395 Stuart Drive, Stuart QLD 4811.
The property represents a timely opportunity to acquire a significant development site within the city fringe.
The site is vacant, 19.62ha in land area, zoned rural, elevated, adjoins established residential development, and has frontage to Farrenden Street and Stuart Drive.
Minutes to the Townsville Turf Club, Fairfield Central and Fairfield Homemaker Centre, this property offers a great opportunity to invest in Townsville.
For further information or to arrange an inspection, please contact Angelo Castorina at Colliers.
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The size of Stuart is approximately 53.3 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Stuart in 2011 was 1,050 people. By 2016 the population was 1,396 showing a population growth of 33.0% in the area during that time. The predominant age group in Stuart is 20-29 years. Households in Stuart are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Stuart work in a machinery operators and drivers occupation. In 2011, 65.5% of the homes in Stuart were owner-occupied compared with 70.3% in 2016.
Stuart has 383 properties. Over the last 5 years, Houses in Stuart have seen a 90.18% increase in median value, while Units have seen a 91.26% increase. As at 31 October 2024:
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