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19 Florence Street
Thuringowa Central, QLD 4817
Expressions of Interest
Overview
Prime SDA Development Opportunity
Discover one of Townsville's most enticing new Specialist Disability Accommodation (SDA) projects located at 19 Florence Court, Thuringowa Central. This rare opportunity presents outstanding projected returns, significant capital uplift potential, and immediate readiness for construction, making it an ideal prospect for investors seeking a premium development.
The site offers exceptional design quality with purpose-built SDA apartments featuring modern layouts that prioritize accessibility and long-term appeal for tenants. The approved SDA design includes four apartments, each with two bedrooms, two bathrooms, and one car parking space, along with one onsite overnight accommodation (OOA) unit.
Situated in a central location adjacent to shops and within minutes of healthcare, transport, and community facilities, the property provides residents and carers with quick access to essential services and convenient travel options. This accessibility enhances resident wellbeing and retention, simplifies operational management for providers, and strengthens the asset's appeal and long-term value.
Few SDA projects in North Queensland combine prime land, top-tier design, and development readiness as this one does. The site is fully cleared and ready for immediate construction, accompanied by comprehensive plans and specifications prepared for Building Approval (BA). The project is projected to allow substantial development margins, supporting strong returns, improved financing and refinancing options, and greater resilience to cost overruns.
Interested parties are encouraged to request the complete building package, detailed architectural plans, and the full financial schedule, including cost breakdowns and income projections, to fully assess this exceptional development opportunity.
Location
Thuringowa Central QLD 4817
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