Prime Opportunity – Vacant Blocks Close to CBD!

58A & 58B BAYSWATER TERRACE, HYDE PARK

A rare offering in the heart of Townsville’s ‘Green Belt’ leafy suburb of Hyde Park, await two adjacent blocks of land – buy one or both! Primed for the astute investor to maximise their full potential, or for the savvy owner occupier to create their dream home and create instant equity! 58A and 58B Bayswater Terrace, provide a blank canvas full of exciting possibilities.

Why renovate or build in the outskirts, when you can build new so close to the CBD and secure the future of your investment, with the option to capitalise on high income yielding opportunities! Plus, take advantage of the current Federal and State Government building grants, which could give you a massive boost of up to $45k towards your brand-new home (for first home buyers) and $25k for non-first home buyers! T&Cs apply. With current historically low interest rates which are set to continue for the foreseeable future, you could own your own home with repayments close to what you currently pay in rent! Now really is the time to build!

The Property

- 2 x 405m2 vacant allotments with approx. 11m (approx) full street frontage
- Level blocks of land backing on to parkland, privacy assured
- Duplex or dual-occupancy potential (STCA)
- Primed for high income strategies - Short term rental, Airbnb and Executive leasing, owing to outstanding location and proximity to major job hubs - have somebody else pay off your mortgage!
- Sites eligible for Government building grants
- Site contour survey available upon request
- Please note, the concept façade pictured is for advertising purposes only.

The Location

- Only 7 mins (3.5km) to Townsville CBD
- Close proximity to shopping precincts, entertainment facilities and employment hubs, including the Mater Hospital (3 mins)
- Pimlico High and Hermit Park School catchment zones
- Close to TAFE Queensland
- High demand market with strong rental yield for investors

Be quick, vacant blocks close to the city rarely come available and don’t last long! First in gets first pick of the lots..