44–46 Caroline Street, Aitkenvale (Lot 2 RP745743)

Set within the Aitkenvale Medium Density Residential Precinct, this flood-free double allotment offers a rare and versatile opportunity in one of Townsville’s most central and connected suburbs. Spanning 2024sqm, the property is zoned for Medium Density Residential use, allowing for a wide range of development outcomes (STCA).

📍 Location Highlights:
• Infill and higher density residential development permitted
• Building height allowance up to 5 storeys
• Suitable for disability, student, or visitor accommodation
• Walking distance to Ross River, bikeways, and parklands
• Close proximity to Stockland, KMART, and public transport
• Just 5–10 minutes to James Cook University, Townsville Hospital, and Lavarack Barracks

🏠 Existing Home:
• 100-year-old Queenslander, held by the same family for generations
• Recently re-roofed, repainted, and timber floors professionally sanded
• High-set layout with secure under-house area, garage door access, and space for two vehicles plus workshop
• Ready to live in or lease while planning future development

🔧 Flexibility of Options:
• Live in or lease the refurbished Queenslander with ample space for gardens
• Subdivide into two or more land parcels
• Redevelop into multi-storey residential or specialist accommodation

📐 Development Advantage:
• Double the size of nearby redevelopment sites — including 41 Elizabeth Street (1,012sqm), which recently sold
• Strong demand for central, flood-free development blocks
• Positioned within the Aitkenvale Major Centre Precinct — a hub for commercial, entertainment, and lifestyle amenities

Whether you're an investor, developer, or visionary buyer, this site offers scale, zoning, and location that are rarely available in combination. Bring your plans to life in one of Townsville’s most strategic growth corridors.