Investment Land in Gated Estate (Ref No:64723)
15 Approved Freehold Lots In A Gated Estate
• The 15 lots are fully serviced with roads, town water, reticulated bore water, underground electric power, street lighting, telecom and storm water. Additionally, there is a community building which has a functions area, kitchen, men’s shed, beach edge pool and Developers office.
• The estate is central, elevated and one block back from the Bay Foreshore. It has 3 road frontages with an oval and tennis courts on the 4th boundary.
• The remaining lots are approved for 10 two level and 5 single level dwellings. The new owner could easily vary the designs and approvals.
• 28 freehold house and land packages have been sold with good margins and are under a Community Management Scheme with Body Corp fees on under $900 per annum. The market has been for those over 50’s downsizing, rental investment and holiday homes.
• This is a unique opportunity. A second Marina has been approved, Section A and C of the Bruce Highway upgrade to Gympie are under construction which will make Tin Can Bay just 2 hours from Brisbane. This will be the most important economic change to the area in 50 years.
Asking Price $1,200,000.00 (15 @ $80,000 per lot)
Category: Business Opportunity, Investment Property, Building and Construction, Real Estate
State : Queensland
City : Tin Can Bay