30-32 Hale Street, Townsville City, Qld 4810

Expressions of Interest

Other
Type
10
Bedrooms
5
Bathrooms
2,017 m²
Area

Published on Thursday, May 21, 2026 ( See property details for 30-32 Hale Street, Townsville City, Qld 4810)

Expressions of Interest

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An exceptional development opportunity in Townsville City featuring approved plans for a seven-storey residential complex, with existing income from a boutique bed & breakfast operation on a prime elevated site.

🏡 Property Highlights

  • Development approval in place for a seven-storey residential complex with 39 apartments
  • Prime elevated location with stunning views of Townsville City, Cleveland Bay, and surrounding ranges
  • Short one-minute walk to Townsville CBD, offering vibrant city amenities and entertainment
  • Current operation as Coral Lodge Bed & Breakfast Inn with 10 guest rooms and manager's residence
  • Expansive 2,017sqm dual-access site with potential for further income through parking rentals
  • Thoughtfully designed plans incorporating deep verandas, breezeways, and lush landscaped spaces

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Ceiling Fans
  • Pet-Friendly

Townsville City offers a vibrant urban lifestyle with easy access to beaches, entertainment, and essential amenities. The area boasts a strong community atmosphere, excellent transport links, and a growing property market. Its proximity to major attractions like The Strand, Queensland Country Bank Stadium, and Magnetic Island makes it highly desirable for residents and investors alike. The neighbourhood combines tropical coastal living with urban convenience, making it an ideal location for both development and lifestyle pursuits. Key points include its elevated position with scenic views, walkable access to CBD amenities, and a thriving hospitality scene.

What is the current condition of the existing bed & breakfast operation?
The property is currently operating as Coral Lodge Bed & Breakfast Inn, established in 1994, with 10 guest rooms and a manager's residence, providing an immediate income stream.
What are the details of the approved development plans?
The approved plans include a striking seven-storey residential complex comprising 39 architecturally designed apartments, with features that embrace the tropical North Queensland climate, such as deep verandas and breezeways.
Are there any restrictions or covenants on the property?
The property has development approval in place; however, potential buyers should verify any restrictions or covenants with local authorities or their legal advisors.
What are the zoning details for this site?
The site is zoned for residential development with approved plans for a multi-storey complex, but buyers should confirm current zoning and any future planning considerations with the Townsville City Council.
Is there potential for additional income from parking or other services?
Yes, there is potential to further enhance returns through on-site parking rentals catering to CBD workers and other on-site amenities.
Are there any hidden costs or additional fees associated with the development approval process? Has the property been assessed for flood or bushfire risks given its elevated position? Are there any existing easements, covenants, or zoning restrictions that could impact development plans? What are the current conditions of the existing structures, and are there any required repairs or upgrades? Are there any planned or upcoming construction projects nearby that could affect the property’s value or livability? Is the property compliant with all local building codes and regulations for the proposed development? What are the strata or body corporate considerations if the development proceeds? Are there any environmental or heritage considerations affecting the site? What are the long-term planning prospects for the surrounding area? Are there any noise, neighbour, or local risk factors that should be considered?

30-32 Hale Street, Townsville City, Qld 4810 - More Details

Expressions of Interest

Type
Other
Bedrooms
10
Bathrooms
5
Area
2,017 m²
House Size
320 m²

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