This rare opportunity is perfectly positioned in Townsville's most sought-after Character Residential Zone - Grand Queenslander Precinct within walking distance to Castle Hill, Queens Gardens, Sports Reserve, Qld Country Bank Stadium, Jezzine Barracks parklands and the award-wining Strand beachfront promenade purposely designed to facilitate an enjoyable lifestyle. This area is surrounded by green spaces, picturesque picnic spots, bike, walking paths and trails, swimming beaches and enclosures, the rockpool, a water park and the iconic Tobruk Baths, chic café's, bars, restaurants overlooking post-card views of Magnetic Island and the Coral Sea. The property is situated within minutes from elite schooling opportunities, the North Ward Shopping Precinct anchored by Coles, ferry terminal, marina, entertainment centre, Civic Theatre and supported all year round by a variety of community events in near proximity. The existing large allotment includes: * 1,012m2 of prime real estate on a single title; * General Rate Category: 3a Multi Unit Dwelling 2-4 Units (flats); * Land Use Code: 3-98 Land with building/s: comprised of 2-4 individual residential accommodation units; and not on a building units plan or group titles plan and/or within a community title scheme under the Body Corporate and Community Management Act 1997; and predominately used for a residential purpose; * Zoning: Residential - Mixed (7000) - Medium Density Residential Zone * The restoration of this early circa 1900's character home positioned within the front envelope of the property and Castle Hill backdrop provides a blank canvas awaiting final fit-out to compliment a new owner's lifestyle; and * The restoration works include the repair, replacement and renewal of plantation shutters, windows, hardwood walls and flooring, tongue and groove ceilings, electrical upgrade, whilst maintaining the timber etch work characteristics, removal of asbestos materials and a variety of other items all supported by a photograph catalogue. Concept architect and engineering preliminary drawings include a two-level 480m2 under roof executive residence positioned to rear of the property with separate key entry adjoining the character residence at the front of the property by open plan courtyard, bullnose veranda positioned to one side and a lap pool to the opposite side. Make no mistake, the window to acquire this opportunity in such a prized location, whether it be as a future executive residence, to include the potential for a home base business or explore the options surrounding both the use and configuration of the lot will close very quickly. Developers, owners/occupiers should consider familiarise themselves with, but not limited to, the Townsville City Council: * General Rate Categories; * Land Use Codes; * Zoning; * Multiple Dwelling (Code Assessable) Material Change of Use Applications; * Planning and Development; and * Regulations and Approvals. Further information is available upon request. INSPECTION BY APPOINTMENT **** Please note there are NO bathrooms **** Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a property's land size, floor plans and building age). Accordingly all interested parties should make their own enquiries and obtain their own legal advice.