Kapok Park Estate is one of the most appealing new subdivisions in Bowen and recognised as being high quality living with fantastic presentation where the owners take pride in their homes. On offer here is a chance to extend onto this estate with further development, or position yourself within a beautiful area and have 13 acres of room to move for you and your family. The block is currently zoned residential with some works already having been prepared towards gaining a DA approval for further subdivision but not yet completed. Onsite is a 15 metre x 6 metre shed with 3 phase power. A big bonus is the 12 meg WATER LICENCE that is included with this property. You can keep the property lush and green all year round and never have to worry about water bills.
This location is very exciting and will be highly sought after by multiple buyer types. For an occupier, this is a fantastic location to set up a semi-rural home and be just a couple of minutes to the beach, schools and shops in addition to being surrounded by beautiful new homes. For the developer, there is so much potential here to develop this 13 acres into either further residential lots, 1/2 acre or even acre allotments. The demand for further land releases within this estate would be extraordinary.
There is a sewerage pump station onsite that has capacity for 52 lots and is currently servicing 28 (room for expansion here). A pad mounted electrical substation also has potential to handle additional lots (Subject to Ergon approval). The land is mostly level and would be very easy to build on and develop. Easy access to the property from Kapok Road provides 20 metre access point to the whole property. This is ideal for future road construction if required.
There is even a Massey Ferguson 65 tractor included with the sale to help keep the grass neat and tidy.
This is a very rare opportunity and it will be snapped up quickly. Complete your investigations, talk to your builders, prepare your finances and make your offer quickly to secure this amazing site.