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Elevated City Living with Approved Development Potential For Sale
Elevated City Living with Approved Development Potential Elevated City Living with Approved Development Potential

30 Hale Street, Townsville City, QLD, 4810

Elevated City Living with Approved Development Potential

Other
Type
10
Bedrooms
5
Bathrooms

Published on Wednesday, March 25, 2026 ( See property details for 30 Hale Street, Townsville City, QLD, 4810)

Expressions of Interest

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile development and investment opportunity in the heart of Townsville, offering immediate income and future growth potential with approved plans for a seven-storey residential complex.

🏡 Property Highlights

  • Prime development site with DA approval for a seven-storey residential complex
  • Expansive 2,017sqm dual-access block with elevated views of Townsville City and surrounds
  • Strategically located just a one-minute walk to Townsville CBD and key lifestyle amenities
  • Current operation as Coral Lodge Bed & Breakfast Inn with immediate income stream
  • Thoughtfully designed plans incorporating tropical climate features like verandas and breezeways
  • Potential for additional income through parking rentals for CBD workers

✨ 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 offers a vibrant coastal lifestyle with a thriving CBD, stunning waterfronts, and a rich array of dining, entertainment, and recreational options. The suburb's elevated position provides cooling breezes and panoramic views, making it highly desirable for residents and investors alike. Its proximity to major amenities and transport links ensures excellent connectivity and convenience. The area combines urban vibrancy with tropical charm, ideal for lifestyle-focused living and development projects. With ongoing growth and infrastructure improvements, Townsville remains a prime location for property investment.

What is the current use of the property and what income does it generate?
The property currently operates as Coral Lodge Bed & Breakfast Inn, providing an immediate income stream from 10 guest rooms and a manager's residence.
What are the future development plans for the site?
The approved plans include a striking seven-storey residential complex comprising 39 architecturally designed apartments, with design features that embrace the tropical climate.
What amenities and attractions are nearby?
The property is within walking distance to Townsville CBD, restaurants, cafés, bars, retail precincts, Queensland Country Bank Stadium, The Strand promenade, and The Ville Resort-Casino, with ferry access to Magnetic Island.
Is there potential for additional income from parking or other services?
Yes, there is potential to enhance returns through on-site parking rentals catering to CBD workers.
What are the key features of the approved development plans?
The plans incorporate deep verandas, breezeways, lush landscaped spaces, natural light maximisation, and airflow, designed to suit the tropical North Queensland climate.
Are there any hidden costs or additional fees associated with the development approval or property operation? Have all necessary permits and approvals been obtained and are they current? Are there any zoning restrictions, easements, or covenants affecting the property? What are the potential risks of flooding, bushfire, or other environmental hazards in this area? Is there any ongoing or planned nearby construction that could impact the property? Are there any strata or body corporate considerations if the property is subdivided or developed? What are the maintenance requirements and costs for the existing structures and landscaping? Are there any restrictions on future modifications or extensions to the approved development? What is the history of the property regarding any structural issues or repairs? Are there any noise, neighbour, or local community concerns that could affect future use or enjoyment?

30 Hale Street, Townsville City, QLD, 4810 - More Details

Elevated City Living with Approved Development Potential

An exceptional development opportunity awaits at 30-32 Hale Street, Townsville City. This expansive 2,017sqm* dual-access site is offered with Development Approval in place for a striking seven-storey residential complex comprising 39 architecturally designed apartments. Thoughtfully designed to embrace the tropical North Queensland climate, the approved plans incorporate deep verandas, breezeways, and lush landscaped spaces-maximising natural light, airflow, and liveability. Positioned on the rise of Stanton Hill with Castle Hill as a stunning backdrop, the site captures cooling breezes and elevated views across Townsville City, Cleveland Bay, and the surrounding ranges. Despite its peaceful and elevated setting, the property is just a short one-minute walk to the Townsville CBD, placing restaurants, cafés, bars, retail, and the vibrant Flinders Street and Palmer Street precincts right at your doorstep. Key lifestyle and entertainment destinations are also within easy walking distance, including Queensland Country Bank Stadium, the beachfront promenade along The Strand, and The Ville Resort-Casino, with convenient ferry access to Magnetic Island nearby. Currently operating as Coral Lodge Bed & Breakfast Inn (established in 1994), the property features 10 guest rooms plus a manager's residence, providing an immediate income stream. There is also potential to further enhance returns through on-site parking rentals catering to CBD workers. This prime inner-city address presents a compelling opportunity for developers and investors alike, appealing to professionals and lifestyle-focused residents seeking convenience, connectivity, and vibrant city living. 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. Ray White Townsville bears no liability for any loss sustained due to inaccuracy or omission.
Type
Other
Bedrooms
10
Bathrooms
5

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