Strategic Development Opportunity within a Large Growth Corridor

$2,750,000 plus GST

123 Lakeside Drive

Idalia QLD 4811

Development

FOR SALE

1m2

This premium 3.63ha allotment is positioned within the heart of Idalia's retail, bulky goods & homemaker centres.

Fairfield Business Precinct is the newest estate within Idalia, offfering a high exposure hub catering for low impact businesses.

Some of the business operators within the 1st stage are; Liberty Fuel, Reece Plumbing, Bridgestone, Fairfield Car Wash, Ausnorth & Containers for Change.

The surrounding retail / homemaker centres offer 40 specialty stores within the Fairfield Central and 10 lifestyle retailers in the Fairfield Homemaker Centre.

The average daily traffic flow for Lakeside Drive is 9,500 and 3,800 for Abbott Street. The Bruce Highway/Lakeside Drv intersection has a 30,000 per day flow.

Key attributes are as follows;

• Land Area: 3.63ha approx
• DA subdivision for 10 lots (Varying lots from 2,270m2 to 4,569m2)
• 460 metre approx frontage to both Lakeside Drv And Abbott Street
• Ability to potentially subdivide into approx 1.000m2 allotments or maintain as a whole mixed use facility (STCA)
• 15,000 approx daily passing traffic
• DA & Information memorandum available upon request

Price: $2.75m plus GST

Idalia is a relatively new residential estate with approx 2,334 lots with a medium house price being approx $860,000
The precinct is supported by other residential catchments such as Elliot Springs Annandale & Wulguru communities.

Elliot Springs is the newest residential development that is on the southern highway and less than 12min drive. The master planned community is approx 10,000 lot residential development housing 26,000 people. With this in mind the opportunity exists for suppliers, trades and retailers to support the growing community in all aspects of their new home. With Lakeside Drive being the predominant route equals a high volume of passing traffic.

123 Lakeside Drive is an opportunity not to be missed. Contact Ray White Commercial Townsville to obtain further information on this key site.