The approved 93.8 hectare* land subdivision site located 8km* from Gladstone was sold with a current Negotiated Decision Notice (ROL) for Stages 1 – 4 providing 185 residential lots, parks and balance development area. Preliminary Approval (MCU) for a masterplanned estate incorporating 550 residential lots, 184 dwelling units, commercial and child care.

There was a strong general awareness in the market in relation to the site with many groups over previous years having previously looked at the site.

Sale Analysis*
Method of Sale:Formal Offers to Purchase
Marketing Time Frame:7 Weeks
Sale Date:November 2013
Total Enquiries:32
Total Realisation:$2,800,000