Description

Approx 480 ACES DEVELOPMENT OPPORTUNITY

Approx 480 acres
Zoned Emerging Communities

Potential yield up to 330 lots at 4000m2 (build high with near coastal sea views of Gloucester Island and Edgecumbe Bay, northern end of the Whitsunday Islands.

Current vacant land sales value in the Africandar Rd area are between $240,000 and $320,000
(lot sizes rang from 4000m2 to 40,000m2 or 1 to 10 acres)
2.4k Bruce highway frontage and close to the Adelaide Ck boat ramp, town water and underground power connected to the property.

10 minutes to Bowen
Approximately 70kms to Airlie Beach, Shute Harbour,
the gateway to the Whitsunday Island Resorts
Approximately 80km to Proserpine/Whitsunday Airport
Map picture is approximate.

The vendor is offering two options

Option 1

JOINT VENTURE OPPORTUNITY

$5,000,000 plus a percentage split on sales to be negotiated.
Vendor will offer Equipment and Gravel pit if required (rates to be negotiated)

Option 2

BUY OUTRIGHT

$10,000,000

vendor will also offer Equipment and Gravel pit if required.(rates to negotiated)

NOTE
Seller has developed 34 lots in the past shown on the map (red dots).

DISCLAIMER: The above information has been provided to us by the Vendor and we do not accept any responsibility for its accuracy. We strongly advise that all interested parties should make and rely upon their own enquiries and investigations.