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Description: A $40 billion investment surge has positioned Townsville as a national economic powerhouse, with 10 game-changing projects set to reshape the region's future. The latest report in local news "The Bulletin" says:
"Our Project Pipeline is a live, interactive dashboard that we use every day to monitor economic conditions, track approval time frames and understand how investment is flowing into North Queensland," Mr McDougall said.
"To deliver this pipeline, the region will require 8,000 additional ongoing workers and 16,000 construction jobs, and that demand underpins a very bright economic outlook for Townsville North Queensland.
"What is particularly exciting is that 17 projects in the pipeline, worth nearly $4 billion in project value, are already underway - meaning shovels are in the ground and job advertisements are live."
10 Game changing Townsville projects in 2026.pdf
Details:
DUAL OCCUPANCY 4+2 BEDS - TOTAL 6 BEDS, 3 BATHS AND 2 CARS
LAND DETAILS: Size 576m2 $320,000. Rego estimated July 26
HOUSE DETAILS: TWO DWELLINGS: Main dwelling - 4 beds, 23 baths and 1 car (size 158.98m2) PLUS Secondary dwelling - 2 beds, 1 bath and 1 car (size 87m2) = Total size is 245.98m2
THIS PROPERTY IS NOT YET CONSTRUCTED - NEED TO PURCHASE OFF THE PLAN -
TWO CONTRACTS LAND AND BUILD (Pay stamp duty only on land price!)
RENTAL INCOME: estimated income for both units = $970 + 1040 = Total per week
Housing Demand is dire! With the very high employment required in the new projects there is a very high demand for rentals - LACK OF SUPPLY + HUGE DEMAND
TO PURCHASE:
EOI plus initial hold deposit to be paid
Finance approval can be 21 days or 30 days in both contracts , calculated from date of contract
Land settlement would be 14 days registration of title
Build - total process for approval, construction and hand over for rental is approx. 8-9 months for a dual occupancy
Please request additional information. I can supply a comprehensive brochure explaining the property.
This property is subject to availability at the time of your enquiry.
FOR SALE: Kaye Tilley
0418 823 046
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