RESIDENTIAL DEVELOPMENT & INTEGRATED TOURIST SITE

SOLD

Cairns QLD 4870

Development

FOR SALE

2036700.0m2

For Sale By Auction: 27 November 2014 at 3.00pm at the offices of Knight Frank Cairns

• Significant Land Opportunity of 203.67 Hectares

• Adjoins World Heritage Listed Wet Tropics

• Extremely rare property with spectacular views to Dunk Island

• Preliminary development approval upon request

• Block is extensively cleared of vegetation and ready to go

• Serious sellers want this property sold and will meet the market

The parcel of land is spread over two titles making a total of 203.67 hectares, and is truly a magnificent location that offers exciting development potential with preliminary material change of use to provide for the following development:

125 Room Tourist Resort
300 Residential Lots
230 Multiple Dwelling/Duplex Style Accommodation
18 hole golf course

The opportunity provides buyers the ability to create a World Class development on a rare World Heritage listed Wet Tropics site. The development is unique in the fact that it offers a mix of residential and tourist accommodation.

Vegetation removal has been extensive with the area allocated for development, not requiring significant clearing. Currently the property is being utilized for cattle grazing with improvements including, a lowset residence, various storage sheds and workshop.

Potential developers will immediately appreciate the long term potential that this spectacular property offers.

Knight Frank Cairns is regarded as a market leader locally. Knight Frank has the benefit of an Australian and worldwide network of high quality commercial agency, valuations, property management, research and consulting services. Knight Frank provides strategic advice, forecasting, consultancy, insight and independent expert advice, and has longevity in the local market for analysis and historical data. Knight Frank prides itself on their excellence of knowledge in commercial office, industrial, retail, hotel and leisure, development and englobo sites, project management and special uses such as age care, medical, vacant land and self-managed super funds etc.

Knight Frank Cairns are proven market leaders with a substantial track record in both selling and leasing a variety of commercial property through our comprehensive databases.