857A-863 Riverway Drive, Condon QLD 4815

A TERRIFIC development opportunity, with multiple uses, awaits a shrewd Developer or Investor. A family holding through two (2) generations, this large parcel of residential land is now being presented to the market for the very first time. Property had "conditional" Council Approval (DA) for thirty-five (35) residential housing allotments which lapsed in the latter half of 2022. It comprises two (2) separate Titles and is perched on a major Townsville thoroughfare with significant corner exposure. It is located just 2.4km (approx.) from the Willows Shopping Centre and enjoys prime Riverway Drive & The Ring Road (Riverway Drive Exit) frontage. Ideal acquisition for Developers seeking Subdivision land, Service Stations, Childcare or Aged Home facilities. Suitable too for a private luxury Family Housing Estate, etc. etc.

Additional information includes:
• LOT 4: This is the larger allotment at the rear of the property which backs on to an established Parkside Residential Development. It measures approx. 4.198 acres (16,990 sqm or 1.699Ha). An older shed (with store) is located on this Lot.
• LOT 7: This is the smaller front corner allotment - and measures approx. 1.6 acres (6,482sqm or .648Ha). An older original residence is located on this Lot - and it will be sold As-Is-Where-Is.
• Combined total AREA of both Lots is approximately 5.798 acres (23,472sqm or 2.35Ha).
• Annual Townsville City Council Rates are $5,653.62 (approx.).
• Site plans, proposed (lapsed) Subdivision layouts, and Townsville City Council correspondence can be made available upon request to genuine and discerning Buyers.
• Shoveler Court, a residential street that runs parallel with The Ring Road, provides perfect access into this site.
• Town Water; Well; Septic.

Agent Details:
David Reguson - 0438 079 166 / [email protected]
Rane Reguson - 0439 773 527 / [email protected]

Disclaimer: The Reguson Property Group has prepared this information using its best endeavours to ensure that the information contained herein is true and accurate but accepts no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy, or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.