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On behalf of the Seller's, Win Projects, are pleased to offer this prime residential land estate for sale.
Doolong South Road, Hervey Bay is a strategic 76.5* Ha land parcel located within close proximity of the CBD. The property is located within easy reach of the major shopping centre, schools, airport, marina and a host of lifestyle amenities. The northern edge of the land is approximately 5km from the Torquay beach front.
In May 2018 Fraser Coast Regional Council granted a Full development approval for Stage 1 consisting of 112 Lots. The balance lot has been approved for low density residential uses and that a potential yield of approximately 500 lots can be achieved subject to Council approval. The Low Density Residential approval has been designed to meet the demands of the local market.
The key features of the property are:
* 76.5* Ha land parcel on 2 titles with significant development upside
* Options to acquire Stage 1 only or the entire project
* Stage 1 Development Approval for 112 lots recently granted
* DA Conditions allow for feasible development of Stage 1 by itself
* The balance lot has been approved for low density residential uses and a potential yield of approx. 500 lots can be achieved subject to Council approval
* Elevated land offering bay and island vistas
* Located close to excellent educational/ health/ shopping/ airport and lifestyle facilities
* Opportunity to maintain income from the existing agricultural activities
* Connected to the Hervey Bay town centre by a major distributor road (Doolong South Road)
* Current Stage 1 approval allows for feasible development in its own right
* Extensive due diligence material available upon request
Please contact us for a detailed Information Memorandum.
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