BEACHFRONT VILLAS WITH DEVELOPMENT UPSIDE

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Colliers present a unique opportunity to purchase a ‘Lindsay Clare’ designed beachfront resort complex with development upside in Rainbow Beach, one of Queensland’s most attractive coastal towns and the gateway to K’gari (Fraser Island) and Double Island Point.

The property is within the Rainbow Shores estate and comprises 7,260sqm of beachfront land, improved with 12 x 2 – 3 level architecturally designed Villas, a large lagoon style pool with BBQ entertaining area , a 9 x 12 metre shed with 5Kw solar, 2 x 20,000 litre water tanks, as well as balance vacant land with concept plans for 24 Apartments.

Marketing agent Jesse Howitt said “the owner has recently spent over $1 million on maintenance and improvements, with the property offering the benefit of an immediate income and future development upside potential”

Baydn Dodds added “the scarcity aspect of beachfront land presents an enormous opportunity with this property. Demand for ocean view property within walking distance to the beach remains high and values have historically outperformed the overall market.”

The property is being offered for sale at offers over $3,900,000. For further information please contact exclusive marketing agents Baydn Dodds on 0418 173 187 or Jesse Howitt on 0468 495 640.

Details  
SuburbRAINBOW BEACH
Address9 Wyvern Road
Open for inspectionBy appointment
PriceOffered for sale at offers over $3,900,000
Contact agentBaydn Dodds 0418 173 187 or Jesse Howitt 0468 495 640
AgencyCOLLIERS