DA-Approved for Accommodation/20 Central Lane Gladstone Central QLD 4680

Knight Frank is pleased to present this DA-approved land parcel in the heart of Gladstone CBD.

The asset is currently DA-approved until 2029 for short-term accommodation (40 units), and a rooftop terrace.

The Gladstone region is currently experiencing very low residential vacancy rates, and the community should highly support this proposed development.

Key Features:

- Total land area of 914* sqm (approx.)
- DA Approved until August 2029 for a short-term accommodation development
- Zoned Principal Centre under Gladstone Regional Council Planning Scheme
- Recent data shows the median unit price in Gladstone has risen c. 18.5% in the past 12 months
- The current vacancy rate for residential is sitting below 1%

For Sale by Offers to Purchase.

For further information please contact Adam Kelly via the below enquiry section.