Ray White Townsville proudly presents 500-504 Ross River Road for sale. Presenting an incredibly rare opportunity to acquire a significant parcel of land occupying a prime position in one of Townsville's most central suburbs, Cranbrook is home to all major amenities with so much more on offer. The sprawling 6,115SQM block dominates the landscape with a wide, 63M frontage on a main arterial road, and two-street access off both Ross River Road and Jannila Avenue. The potential for this block is endless with three existing dwellings and a multitude of space, perfect for the expansive family looking for a larger-than-life block that can house everyone without leaving town, the motivated renovator, or astute investor looking for a prime location to subdivide and develop. This impressive, flat block of land has a huge development potential to subdivide for a low-density residential site and preliminary discussions have sought the possibility of multiple lot layouts ranging from 6x1000QM lots (approximately) up to 12x400-500SQM allotments with shared driveways. Alternatively, this site is the perfect home for the family wanting the 'acreage living' without compromising an inclusive lifestyle that only the inner suburbs can provide, with more than enough room for growing families and multi-generations. For the avid handyman, bring the tools and inspect the three existing dwellings on the site with awe and wonder. The first is a large, high-set family home with soaring ceilings and multiple living areas and a semi-enclosed lower-level. The second is a low-set, traditional style home with a timber sleepout and stained-glass casement windows, whilst the third dwelling was originally an old convenience store, still housing the original shelving! Cranbrook is a centrally located suburb housing all major amenities, within walking distance to the beautiful, picturesque Ross River edge and only a short commute to the Holy Spirit Catholic School and Ignatius Park College making the morning routine a breeze. You are only a short car ride away from Domain Central, Stockland Shopping Centre and not far from the wonders of the Townsville CBD and The Strand. This block is ready to go for whatever your creative mind desires. Contact Giovanni today to inspect this once-in-a-lifetime opportunity! *Property Description/Write-Up of this property is Copyright of Team Giovanni at Ray White Townsville.