9.25 Acre BEACHSIDE DEVELOPMENT SITE (Zoned Residential) — Lots 19 & 20 Coconut Street Forrest Beach, North QLD. Outstanding Location… Beautiful Property with Huge Potential, offering a Rare Opportunity to the astute Investor.

Massively Reduced, and well below Cost objective to Attract a Capable Developer / Entrepreneur with Vision, to deliver our clients Concept, or similar Development to this Beautiful Beachside Community.

A Significant amount of Work has already been done on Development Design Options, and discussions with Council have been extremely Encouraging and Supportive. Overall… the general support for the Proposed Development Concepts have been Overwhelmingly Positive. Although Current Owners have relevant Development Experience in the area, they no longer have the capacity to deliver the Project alone but genuinely hope to see such a Development realised for the Community. They are most willing to assist genuine Purchasers with Development advice & assistance if required.

This Property has Enormous Potential for Tourism (Resort Cabins/Bures), Retirement, Unit/Villa Development, Gated Beachside Community and similar Concepts and boasts a number of Unique Features which provide Fantastic Marketing Points, and set it apart from similar developments. There is close Beach Access via the Existing Boardwalk, which was constructed in conjunction with Owners previous Development. Previous discussions indicate that there may be a possibility of a second Boardwalk being constructed in association with further Development of these Sites. As a point of Interest…. Forrest Beach has a significant & noticeable Lack of Tourist Accommodation there is a Golden Opportunity for an Entrepreneur with Vision to make an impact.

Property backs onto Beachfront Reserve, with 256 metres of its Rear Boundary adjoining the Nature Reserve. This Excellent Property is very Private and Private Access to the Beach is guaranteed, since this Property can Never be built-out between its Rear Boundary & the Beachfront (approx.. 300m away). Walking, quad, or 4×4 track/s to the Private End of this Stunning Beach is possible from this Site, and as mentioned… a Second Boardwalk may be a possibility and a benefit very few can Boast.

Development Approval (now lapsed) was previously obtained for Residential Sub-division of Lots ranging from 700m2, and Plans are available for information. Previous Sub-division Proposed a 37 Lot Residential Sub-division, and had been designed to be completed over 1, 2 or 3 Stages. Attached Photo’s show the Current Configuration of the Land over the 2 Sites (Lots 19 & 20) Concept Plans available for information only showing possible reconfiguration of the Sites into 3 Titles. Other Plans and Information regarding Development Possibilities would be made available to Genuine Purchasers.

In it’s current configuration of 2 Titles – Lot 19 is 1.911 ha (4.722 acres), and Lot 20 is 1.84 ha (4.547 acres). Lot 19 currently has a