EXPRESSIONS of interest are being sought for a substantial coastal land holding with a multitude of development opportunities at 485 Tannum Sands Road.
The parcel offers 1,511ha* of land across three titles and comes with main road frontage that allows easy access.
The substantial site is being marketed by Ray White Special Projects QLD directors Tony Williams and Mark Creevey.
Mr Williams said the asset was directly adjacent the approved $1.2B Hummock Hill Tourism redevelopment and offered potential buyers a number of different options.
“Here we have an excellent potential master planned development and/or tourism venture opportunity, subject to relevant approvals,” he said.
“What is in place though, is existing permits for sand mining operations, with approvals to clear vegetation in-line with those permits.”
Mr Creevey said the location of the site was a real drawcard and was complemented by the potential growth around the asset.
“The parcel adjoins existing residential development as well as being surrounded by proposed tourism projects and commercial redevelopment,” he said.
“Being positioned so close to the Bruce Highway, offering connectivity north and south, is another real positive for the site.”
Expressions of interest close on Wednesday 20 March 2019 at 4pm.
*Approximately.
RWC Queensland has announced the appointment of experienced commercial property professional Sid Arora, who joins the Brisbane CBD headquartered agency business which is led by Tom Barr. Sid brings deep expertise in development site sales and a proven track record of delivering high-value outcomes across South East Queensland. Mr Arora’s … Read more
Luke Dixon, Head of Institutional Capital and Research at R.W. Capital (Ray White Capital), has just returned from Asia where he: attended the Asian Investor’s 20th Investment Summit in Hong Kong. visited Astana (the strikingly modern capital of Kazakhstan) and Baku (the capital of Azerbaijan), meeting with local investment groups to … Read more