16/09/2026
INVESTMENT / DEVELOPMENT OPPORTUNITY
An outstanding investment and development opportunity awaits at 30–32 Hale Street, Townsville City, offering an expansive 2,017sqm dual-access site with Development Approval in place for a seven-storey residential complex comprising 39 apartments.
Positioned on the rise of Stanton Hill, the site benefits from elevated views across Townsville City, Cleveland Bay and the surrounding ranges, while its thoughtful approved design embraces the tropical North Queensland climate with breezeways and landscaped spaces.
Currently operating as Coral Lodge Bed & Breakfast Inn, established in 1994, the property comprises 10 guest rooms plus a manager's residence, providing an immediate income stream while allowing investors to hold and operate the existing accommodation business.
With Townsville C*D, Palmer Street, Flinders Street, The Strand, Queensland Country Bank Stadium and The Ville all within easy walking distance, the location offers strong appeal for both residents and visitors.
A rare opportunity to secure a substantial inner-city site with an approved residential development pathway and an established income-producing business.