High Exposure Development Site with Approved Subdivision | Fairfield Business Precinct

123 Lakeside Drive , Idalia QLD

Property Highlights

Approved subdivision for 10 lots
Growth corridor, strong retail spend
Favourable zoning for industry uses

Description

Burgess Rawson is pleased to offer to the market 123 Lakeside Drive, Idalia (Townsville) QLD for sale via Expressions of Interest.

This investment has the following key highlights:

+ Expansive 3.63 hectare* site with 476m* and 465m* of exposure to Lakeside Drive and Abbott Street respectably, offering a high level of street visibility
+ Approved subdivision for 10 individual lots of varying sizes ranging from 1,515sqm* to 3,321sqm*
+ Favourable Low Impact Industry Zoning accommodating for a range of smaller scale industrial/retail services that can benefit the surrounding areas
+ Prominently positioned within a high growth corridor with a strong retail spend of $15,930 per capita, 6.5% above the state average
+ Highly desirable location adjacent to major retail centres Fairfield Central Shopping Centre and Fairfield Homemaker Centre, underpinned by national tenants Bunnings, Bridgestone and Liberty Oil
+ Delivery access route available from Lakeside Drive, ensuring no delay from surrounding arterial roads that could hinder construction time frames
+ Close proximity to the Bruce Highway, allowing for efficient vehicle transportation of freight and merchandise to future businesses
+ The QLD Government has committed to invest billions into the region to accommodate for a growing population, including $996 million on various civil infrastructure projects and $1.2 billion on health developments
+ The Townsville Region: home to one of the most diverse economies in regional Australia, generating a Gross Regional Product (GRP) of $15.892 billion

For Sale via Expressions of Interest.

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx.

Property Details

Listing
Sale
Current Tenant
Vacant
Occupancy Type
Commercial
Land Size
36,300 SQM
Building Area
1 SQM

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