505 Mount Peter RoadMount Peter QLD 4869
Property Details for 505 Mount Peter Rd, Mount Peter
Last Listing description (April 2022)
Colliers Cairns are pleased to offer for sale 505 Mount Peter Road, Mount Peter, QLD. Representing a substantially sized freehold parcel, the quality site offers potential future development opportunities or the continuation of current farming practises for the new owner. The property is being offered to the market for Expressions of Interest closing Thursday 2 December at 4pm.
Located between Edmonton and Gordonvale, south of Cairns City, the property represents a considerably sized, 26.58Ha* parcel of freehold land. Currently utilised as a combination of cattle grazing and sugar cane farming, the parcel has the potential for future development opportunities, subject to council approval.
The site incorporates several improvements including a 42x15m farm shed, covered cattle shed and quality barbwire fencing around the property. The farming land itself comprises10.13Ha* productive land area under cane plus approximately 12.5Ha of improved pasture with brachiaria grass for cattle fattening.
Accessible via Mount Peter Road (south of Edmonton) and the Bruce Highway, the site is ideally positioned within the southern "hot spot" development area. With substantial dual street frontages - 445m* to Mount Peter Road and 600m* onto Mohamed Access, the parcel is zoned 'Low-Medium Density Residential" representing the potential for future residential development with varying densities, subject to approvals. The site is relatively unconstrained except those areas adjacent to waterways.
Bounded by surrounding agricultural properties and positioned within a high rainfall area, the southern boundary of the site runs along a watercourse (Gray Creek), with the adjoining point of Gray Creek and Wrights Creek positioned adjacent to the south-east corner of the site.
Features:
-Substantially sized 26.58Ha* parcel
-Current use cattle grazing and sugar cane farming
-Existing improvements including farm shed & boundary fencing
-Current "hot spot" development area
-In development pathway
-Uniqueness of the offering - limited comparable properties currently available
The property is being offered to the market for Expressions of Interest closing Thursday 2 December at 4pm. For more information, contact Stacey Quaid on 0418 773 258.
*approximately
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
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Property History for 505 Mount Peter Rd, Mount Peter, QLD 4869
- 11 Feb 2022Sold for $4,750,000
- 29 Oct 2021Listed for Sale For Sale by EOI closing 2 December at 4pm
- 11 Nov 2014Sold for $835,000
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0About Mount Peter 4869
The size of Mount Peter is approximately 17.8 square kilometres. It has 4 parks covering nearly 2.5% of total area. The population of Mount Peter in 2016 was 92 people. By 2021 the population was 689 showing a population growth of 648.9% in the area during that time. The predominant age group in Mount Peter is 30-39 years. Households in Mount Peter are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Peter work in a professional occupation.In 2021, 82.80% of the homes in Mount Peter were owner-occupied compared with 93.30% in 2016.
Mount Peter has 716 properties. Over the last 5 years, Houses in Mount Peter have seen a 93.65% increase in median value, while Units have seen a 73.01% increase. As at 31 January 2026:
- The median value for Houses in Mount Peter is $849,867 while the median value for Units is $604,479.
- Houses have a median rent of $680.
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