Bowen, Queensland

$6,250,000

www.sitesforsale.com.au

Price:  $6,250,000
Status:   Raw
Area:  1.006 ha
Price per sm:      $625.62

This prime development site on Santa Barbara Parade has three street frontages and is directly across from the water.  It is zoned Residential Precinct R2 and would support a mixed residential commercial 100 unit development.

Delayed settlement would be considered.

The pier directly in front of the site (the old coal loading facility) will becomes the focal point of the council funded foreshore redevelopment scheme.  This scheme includes the demolition and replacement of Santa Barbara Parade, relocation of power lines underground and a foreshore park with leisure facilities.  This site will greatly benefit from these improvements, which are due for completion in June 2009 in time for the Q150 celebration.

The four lots that comprise this site can also be sold separately for

Lot 1 $1,500,000
Lot 2 $1,200,000
Lot 3 $2,000,000
Lot 4 $2,100,000

Bowen is 1,165 kilometres north of Brisbane and 206 kilometres south of Townsville.  It is a charming tropical town that has enjoyed a great influx of wealth from mining projects and was one of the prime locations for the film "Australia".  This site was used by the film company for one year.

Bowen is expected to grow by 3,000 over the next 5 years.  The demand for housing is exceptionally strong.

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