Millbank, Queensland

Cannot find what you’re looking for in today’s market then, Build Your Own! | Resort Brokers ID : FH008480

$790,000 + GST if applicable

Business Description

This high-exposure 1,966m² freehold development site offers a unique investment opportunity. Positioned on the main arterial route into Bundaberg City, 55 Takalvan Street, Bundaberg - Prime Development Opportunity, the site boasts excellent visibility and access, making it ideal for commercial or mixed-use development. Zoned as a Specialised Centre, the property allows for a variety of future uses, with further zoning details available from the council.

A significant advantage is the transferable council credit for headworks, along with an active DA (Development Approval) valid until mid-2026 for a 33-room motel. Full plans are ready, and the site is cleared for immediate development. Convenient dual street access from both Takalvan and Johnston Streets enhances its operational potential.

This is a rare opportunity to secure a well-positioned development site in a high-growth area.

Key Features:

- Prime Location: High-visibility site on Bundaberg’s main route, 370km from Brisbane.
- Ample Frontage: 25.1m on Takalvan Street and 28.1m on Johnston Street.
- Development Ready: DA-approved for a 33-room motel, with transferable headworks credits.
- Zoning Flexibility: Specialised Centre zoning supports diverse development opportunities.
- Strategic Neighbours: Near Hungry Jacks and Woolworths Caltex, benefiting from strong traffic flow.
- Parking & Access: Ample on-street parking and dual street access for enhanced convenience.
Date updated: 01 Jun 2025 23:00:05