Set in a highly convenient pocket of Aitkenvale, this flood-free 1,012sqm property presents an outstanding opportunity for those looking to renovate, rebuild, or redevelop in one of Townsville's most central suburbs. Offering a generous block and valuable Medium Density Residential zoning, this site holds strong potential for future development (subject to council approval) of up to five storeys in height.
Only minutes from major shopping centres, James Cook University, Townsville University Hospital and Lavarack Barracks, the property's position places you in the heart of the city's key employment and lifestyle hubs. Whether you're an investor seeking your next project, or a buyer looking to build a new home close to everything, this address offers excellent scope and location appeal.
The existing three-bedroom home features hardwood floors, a traditional high-set layout and ample under-house storage, but requires extensive renovation or demolition due to structural wear and termite damage. Its layout provides a practical base for refurbishment, or the opportunity to remove the dwelling entirely and design a modern build that maximises space and zoning potential.
Beneath the home, the secure under-house area offers space to park a vehicle with ease while still leaving ample room for a workshop, storage or tools. The area extends the full footprint of the home, with the potential to accommodate two vehicles if required, and includes pedestrian access from the rear. The laundry is also located downstairs for convenience. The large backyard provides plenty of scope for new landscaping, outdoor living or future multi-dwelling development.
Your Home
• 3 bedrooms;
• Living and dining area with hardwood floors;
• Central bathroom with shower-over-bath and separate toilet;
• Box-style air conditioner to one bedroom;
• Electric hot water system;
• Traditional high-set design with extensive under-house storage.
Your Property
• 1,012sqm allotment;
• Medium Density Residential zoning;
• Double bay shed at the rear;
• Large, fully fenced backyard;
• Secure under-house area with garage door access;
• Space for two vehicles and workshop under the home.
The Location
• Approx. 2 minutes to major Townsville shopping centres;
• Close to Townsville University Hospital and Lavarack Barracks;
• Easy access to public transport, schools and river walkways;
• Central, well-connected suburb with strong demand for redevelopment sites.
This property offers significant potential for those seeking a renovation project, new build site or development opportunity in a central, flood-free location. With zoning and land size working in your favour, 41 Elizabeth Street is ready for vision and transformation.
This property is to be sold in an "as is where is basis", a property building and pest report is available via online listing enquiry.
For more information please complete an enquiry below, or contact Ben Waugh on 0487 730 456.
Disclaimer: Interested individuals should independently verify the accuracy and current relevance of the provided information. The agent cannot guarantee the correctness of the details shared. It is recommended that you rely on your own inspections and investigations to determine if this property meets your needs, as the information provided is general in nature. Elevate Property Partners assumes no liability for any loss incurred due to inaccuracies or omissions.