12 Plant Street

West End QLD 4810

This 100-year-old Townsville Queenslander icon is a piece of history, with unique original features ready to be admired.
The property is a reliable rental investment, generating revenue as 4 units for the last 30 years.
The units consist of 8 bedrooms, 5 carports, 4 split a/c units, 4 kitchens and solar water heating. These amenities will support any new layout.
An expansive yard, ready to be shaped to match any new designs, or cleared for more building space. It truly is your canvas.
The right developer could turn this building into two large full-floor apartments, expand into the massive yard, modernise each unit or create a truly magnificent home.
The property is above key flood levels, sheltered by surrounding vegetation and buildings, and is situated for the future of Townsville.
The property comes with 3 land titles and a 1,215m2 block, providing assured returns for a developer if demolishing to build separate dwellings and/or units.

Key information:
Structure is a single extra-large Queenslander divided into four council registered flats.
Currently holds long term tenancies on periodic leases that return $42,120.00 Gross per annum.
Rates approx. $9,990.72 per annum.
No visible cement cracking, weakened timber or pest issues. Structurally sound, no damage from any recent extreme weather.
Internal steelwork and roofing upgrades bring the property in line with FNQ cyclone standards.
Recent power supply upgrade, sewage line modernisation, and fibre to the premises NBN, totalling works valued at over $40,000.00.

This massive leafy block, split into three titles, is located mere minutes away from wilderness walks, the Strand, City and Castletown. It has the structural footprint for any renovator to create something truly unique, or the guaranteed rental income and land + title value to appeal to any developer or investor.

Who will decide the future of this historic Townsville icon? Maybe you! Bid in auction 14 February, in person or online, to find out.

Disclaimer: All photographs, facades, colour schemes, floor plans and dimensions are for illustrative purposes only and may vary slightly to the end product.