This is a genuine and once-only opportunity to secure a large vacant lot on Magnetic Island at the central suburb of Nelly Bay. The 14,710m2 site has approval for a small boutique resort comprising of 12 x 1 bed luxury bures, central facilities and a managers residence. Hydrology, geotechnical, creek bank stability, traffic and planning studies have all been performed on the site and are available to genuine and qualified potential purchasers.
Architectural design work has been carried out by Jon Kuskopf and associates, with sketch plan and design development phases already completed. The resort, to be called Sanctum Lodge aims to fill a market niche, with the provision of a high quality boutique resort and day spa.
The land is zoned Traditional Residential, and may also be suitable for subdividing into standard single residential lots. An opportunity may also exist to amalgamate the property with an adjoining parcel of 3.52 Ha to enable a larger sub division to be developed.
Alternative uses may include:
Subdivide into niche residential allotments
Amalgamate with adjoining property for a larger sub division opportunity
Utilise as a large private single residential lot
Masterplan and offer house land packages
Build the approved eco resort
Landbank
Property report available on request.