Part of the biggest investment portfolio auction the Sunshine Coast has seen, this is an opportunity not to be missed.

One of the last remaining large parcels located on the Eastern side of the Bruce Highway in the development hotspot of Palmview. Whether land banking for the future or planning to take full advantage of the current development earmarked for the region, this property represents a once in a lifetime opportunity.

Future Development opportunity:

The release of the Palmview Master Plan on November 1, 2010 signalled the future of sustainable, affordable growth for the region. The full plan details the plan for over 8,000 new residences to be constructed on the adjoining properties as well as new transportation plans, complete water & sewer systems, new electricity grids along with provisions for ecological parks and sustainable living. Outside of the State government led, Caloundra South project, this is the largest single residential project on the Sunshine Coast today. The complete road network adjoins this property and connects directly with existing road networks to give easy access to the Bruce Highway as well as the $1.8 billion Sunshine Coast Hospital project. To have such a significant parcel of land in the heart of this precinct is virtually unheard of. Uniquely there is approximately 70 acres of Carbon Credit old growth forest on the Northern side of the property which could either be cleared or used in negotiations with council. The entire lot offers 156 acres which given the overview for affordable development could yield as much as 900 house lots.

Full details of the Palmview Master Plan can be viewed at: http://www.sunshinecoast.qld.gov.au/addfiles/documents/palmview/palmview_sp.pdf

The other possibility for the site is to take advantage of the sandy soil and mine for washed sand. There has been no testing or surveys for this application however there is an adjoining property currently mined by a multination company for this purpose and we'd recommend further investigation be undertaken by purchasers.

Lifestyle opportunity:

The serene nature of the property along with the unique sandy soil makes this the ideal horse stud, especially given the close proximity to Courbold Park just 10klms away. The property has an abundance of water which includes spring fed dams, bore and approximately 1klm of Mooloolah River frontage. The property currently has 2 dwellings, both tenanted with the main home being a traditional ranch style brick home consisting of 4 bedrooms, 2 bathrooms and a double lock up garage. The smaller guest house has 2 bedrooms and one bathroom and is approximately 6 years old. The flat land has a 5 bay machinery shed, stables, shelters, fenced yards & pasteurised river flats.
Floorplan
* Required















* Required







Phone
Email


Subscribe to: Property Alerts