A rare opportunity to buy freehold (no body corporate) land so close to beautiful Picnic Bay beach with sea views. The Mixed Use Zoning in Magnetic Island Villages Picnic Bay Sub-Precinct opens up numerous opportunities for residential and commercial development. Plans are available for a dual occupancy townhouse development, which would be an ideal use for the land – live in one and rent the other or have them both as holiday homes to produce income when you are not enjoying them yourselves. All development is of course subject to council approval as with any building.
Town water, power and mains sewerage available.
Picnic Bay is just a five minute drive from the ferry terminal and has a delightful village-like feel with the leafy esplanade just metres from your front door where you will find cafes, shops and the pub. Stroll down to the jetty for a scenic sunset view or to throw a line in and there is a surfclub with swimming enclosure for year-round swimming. The Magnetic Island Country Club is also located in Picnic Bay with its very scenic 9 hole golf course and resident koala population.
Call Alex for more information or to arrange an inspection.
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Property Code: 772