16 Bourke Street

Blacks Beach QLD 4740

ABSOLUTE BEACHFRONT REDEVELOPMENT SITE WITH INCOME
THIS MASSIVE WATERFRONT CARAVAN PARK, LOCATED ON ARGUABLY MACKAY'S BEST BEACH, REPRESENTS A RARE OPPORTUNITY TO PURCHASE A PRIME DEVELOPMENT SITE FEATURING 80 METRES OF DIRECT SEA FRONTAGE AND A SUBSTANTIAL INCOME. LOCATED IN THE THRIVING NORTHERN BEACHES AREA OF MACKAY, THE CARAVAN PARK ? CURRENTLY APPROVED FOR 40 CARAVAN SITES, 10 CAMP SITES AND TWO CABINS ? WILL PROVIDE A STABLE HOLDING INCOME IN THE SHORT OR LONG TERM, WITH UNSURPASSABLE DEVELOPMENT OPPORTUNITY IMMEDIATELY OR IN THE FUTURE. THE 2.274 HECTARE PARCEL IS ULTIMATELY A BLUE CHIP DEVELOPMENT SITE, WITH SO MANY OPTIONS AVAILABLE UNDER ITS CURRENT ZONING INCLUDING ACCOMMODATION UNITS, MULTIPLE DWELLING UNITS OR A MOTEL, SUBJECT TO COUNCIL APPROVAL. THE SITE HAS RECENTLY BEEN APPROVED FOR A 72-UNIT DEVELOPMENT, HOWEVER THERE IS POTENTIAL TO SIGNIFICANTLY INCREASE THE DEVELOPMENT YIELD ? POSSIBLY INCORPORATING A FOUR TO SIX LEVEL REDEVELOPMENT, CONDITIONAL UPON LOCAL COUNCIL APPROVAL. IN RECENT YEARS, MACKAY HAS PROVEN ITSELF TO BE ONE OF QUEENSLAND'S REAL ESTATE HOT SPOTS, WITH UNLIMITED FUTURE POTENTIAL AS BOTH A TOURISM MECCA AND A LIFESTYLE GATEWAY FOR RESOURCE-RICH CENTRAL WEST QUEENSLAND. DON'T MISS YOUR CHANCE TO BECOME A PART OF ITS PROSPERITY. REAL PROPERTY DETAILS REAL PROPERTY DESCRIPTION: LOT 2 ON RP 711477 TITLE REFERENCE: 20392026 LAND AREA: 2.274 HECTARES* / 22,740 M? ZONING/DESIGNATION:G> SPECIAL ACTIVITIES (TOURISM) LOCAL AUTHORITY: MACKAY CITY COUNCIL