This property offers a unique development opportunity with approval for 49 x 2 bedroom units and three blocks of freehold land. Set on approximately100 acres of natural bush with an impressive hilltop home and commanding 360 degree views of the Hinchinbrook channel, Cardwell range, Inghams stunning rural vista and the Palm Island Group. This property offer a unique level of privacy due to its height and location. In point form, this property offers,
Development approval for 49 x 2 bedroom cottages on a community title scheme
Approval for 20 motel rooms and convention centre, restaurant. Convention centre and restaurant site is another hilltop site that has outstanding views and good access that would be an ideal home site and could be subdivided off by rearrangement of boundaries.
3 elevated blocks of land – (freehold when developed)
Cottage/unit sites are located in a natural bush setting on a hill , some sites have outstanding hinchinbrook channel and island views, all offer a private location and outlook.
Property development costs according to the engineers bill of quanties are $20000 per cottage site which would see a finished product with siteworks and bitumen access along with services.
Feasibility study done which allows for sale of 2 bedroom units at approx $200000 per unit with a ready rental market at a good return.
Existing infrastructure includes spacious Hilltop home with self contained guest accomodation
power water sewerage and road infrastructure will be provided to boundary the site by the developer.
The home has unparalelled views across the Herbert valley to Hinchinbrook channel and Island as well as Orpheus Island and the Palm island group
Access to Estate boat ramp into the seymour river with access to the Hinchinbrook channel
This project is a multi stage project with stage one well underway and marketing commenced.
Property is for outright sale owner will consider part trade or trade development works for the property. www.hinchinbrookhabitats.com.au for further pictures