Lot 21 (1.189ha) Price guide $2m to $3m.
Potential density of 160 units.

Lot 22 (8933sqm) Price guide $1m to $1.5m.
Potential density of 120 units or up to 14 land lots.

These waterfront development opportunities enjoy spectacular north-east views to Hayman Island from Airlie Beach’s newest suburb, Funnel Bay. Construction and sales of stage 1 at Funnel Bay (The Beaches) is ahead of schedule and Stage 2 is now being offered for sale.
Proposed Lots 21 and 22 at Funnel Bay are prime waterfront development sites located on the Whitsunday Coast. The sites have many development options from arguably the Whitsundays’ most prestige house site, to land subdivision through to apartment and hotel development. The major approvals are in place, together with the bulk earthworks being completed to provide a building platform.

The Whitsundays property market is surging, driven by scarcity of stock and a booming economy where the key drivers are record tourism numbers and the regional impact of thousands of jobs and billions of dollars of investment in the surrounding resources sector. Tiger and Jetstar are adding 175,000 extra seats in and out of the Whitsundays from March and the extra capacity, combined with sustained low vacancy rates, add pressure for new accommodation. More residential stock is needed for the resulting construction boom and the thousands of fly-in-fly-out miners looking for a home base for the family or a holiday home for their days off.

Stage 2 Funnel Bay is due to commence civil construction in April 2017 and be completed in August 2017.
The sites are available now with a settlement not expected until August 2017.
Lot 21 is 1.189ha with a potential density of 160 units and a price guide of $2m to $3m.
Lot 22 is 8933sqm with a potential density of 120 units or up to 14 land lots and a price guide of $1m to $1.5m.
Both Lots are offered, individually or combined, for sale. Call or email now for more information or a copy of the Information Memorandum.