Magnetic Island Development Site

Price: $2 Million

Quick Info

Features

  • Right on the Nelly Bay Precinct
  • Overlooking the Harbour
  • 8,610 s/m block
  • Ready for development
  • Previously approved 47 Unit development
  • Close to Townsville via a 30 min ferry ride, and a short ride from there to the International/Domestic Airport.
  • Magnetic Island the Jewel in the north
  • Major tropical tourist destination
  • Town Water and Electricity
  • All services are available to site
  • Property on two titles

Summary

This unique Freehold two titled site is now available through Australian Islands, we have featured this site as it is based on one of Australia’s best tourist and residential islands in North Queensland.

Queensland is now having a resurgence in tourism and with the Townsville international and domestic Airport a short ferry ride from the island, makes this development site a must for anyone looking to capture the Queensland tourism market, there are plans already produced and submitted to the council for 47 units, or the property is also available to lower end capture, such as the the Glamping market. This property lends it self to a number of commercial opportunities.

Recent developments by Mercure and their Grand Mercure appartments and Peppers Blue on Blue, have been an enormous success for these two recent operators on Nelly Bay Harbour, which lends itself to our site for further development with easy access and less costs than Peppers and Mercure have funded to have their operations completed, this property will allow a developer to enter the market at highly reduced entry point.

 

Please call me for further information on this excellent positioned and priced property on two titles.

Contact Richard