Easy Development Opportunity in Central Tin Can Bay – TUNCUNBA Estate
15 allotments – $1.2m
The last 15 allotments are now available for purchase in one line at Tuncunba Estate, a gated residential estate in a superb position one block from the water and the highest point in the heart of Tin Can Bay. These fully serviced lots represent an opportunity for a developer or builder to continue with this development, possibly while enjoying the delights of living in this lovely fishing village less than 1.5 hours from Noosa Heads. The property has reticulated bore water, town water, underground electric power, street lighting, storm water and telecom.
The original Tin Can Bay School is now the complex community building and it comprises a function room, kitchen, men’s shed, BBQ area and developer’s office. Alongside is a beach edge pool for residents use.The remaining lots are approved for 10 two level and 5 single level dwellings, and footprints are in place. These could be varied upon application.
The lots range in size from 145 sq metres to 289 sq metres, making the finished product suitable for rental investment, permanent occupation or holiday home. To date 27 house and land packages have been sold. One new home is currently for sale at $420,000 (3 bedrooms, 2 bathroom, study and a three person lift). The developer’s preference is the sale of the 15 lots however, should a buyer wish to “try the waters” so to speak, he is open to a joint venture on this property.
This is a unique opportunity. A second Marina has been approved, Sections A & C of the Bruce Highway upgrade are under construction and a section of the Tourism Coast Road has begun. The Bruce Highway upgrade will put Tin Can Bay just 2 hours from Brisbane and is the biggest change to the Cooloola Coast in 50 years.
Also available for purchase is a quality 3 bedroom 2 bathroom unit above 2 single units which are currently holiday let. This Mediterranean style building is even closer to the water and is perfect as a base while developing the blocks, which are virtually across the road. This building is priced at $650,000.
TIN CAN BAY AREA
Tin Can Bay is a relaxed holiday destination, which offers a great range of accommodation and dining choices.
Water activities are central to Tin Can Bay, sailing, fishing, kayaking and exploring. Not your thing? Then there is Golf, Bowls, Tennis, Horse Riding or cycle on the miles of foreshore pathways.
Tin Can Bay is one of the few places in Australia where dolphins can be hand fed in their natural environment and therefore it is perfect for family holidays. Children can swim safely in the warm waters protected by Fraser Island.
Enjoy Barbeques, playgrounds and amenities along the foreshore. Explore the sand flats at low tides to see thousands of soldier crabs or pump for yabbies. Fish off the jetties, cast a net in the shallow waters or hire a dingy and fish or explore the estuaries. Located half an hours’ drive east of Gympie on the Cooloola Coast, its marina, houseboat and yacht charter facilities reflect the predominance of water-based activities for visitors wishing to explore the Great Sandy Strait.
Tin Can Bay has two public boat ramps, with a large car park, caf and Coast Guard situated at Norman Point. Rare Indo Pacific humpback dolphins inhabit the waters surrounding Tin Can Bay. Head to the boat ramp at Norman Point each morning and interact with these beautiful animals. Feeding of the dolphins is regulated for the safety of the dolphins with fish available for purchase on site.
The coastal township of Cooloola Cove with a Woolworths Shopping Centre is situated between Tin Can Bay and Rainbow Beach, at the southern tip of the Great Sandy Strait and Fraser Island.