100701 Land Bank Sale $500,000 For Sale elevated land of 23.54 hectares with views overlooking Trinity Inlet and city of Cairns. Land comprises rich red soil being phased out of sugar cane production, by elderly owner. This is a unique opportunity to come in on the ground floor for this valuable land bank. It is situated on a bitumen road approximately 20 kilometres south of Cairns with electricity, town water, school bus and a nationally awarded shopping centre within five kilometres. Cairns City Council recently approved the False Cape development project comprising a central International Resort Hotel, an international boutique hotel, as sixty waterfront house and land passage, and ninety hillside house and land packages and a commercial land site. Future developments will include a harbour and a hundred and fifty berth marina complex. Another factor which will bear on land prices is the Queensland government's decision to buy the East Trinity area adjoining False Cape, which had been marked down for development, but now will become an Environment Park. The property now offered will be enhanced by this development as land prices in the vicinity will obviously strengthen as this new development proceeds. All enquiries to hmorton@tpg.com.au |
