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56-58 Santa Barbara Parade, Bowen, QLD 4805

$1,300,000

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Coastal Development

The Phone Code for this property is: 68328. Please quote this number when phoning or texting. This site presents the perfect opportunity for the astute investor. Comprising 4 lots (2,3,11,18) with a total area of 5082 m (0.5 ha, 1.26 acres. approx). The site is the only elevated land available at the front beach, 80 m frontage with sweeping views across Sinclair Bay, close to the main street of Bowen, shopping, hotels, cafes and restaurants. The properties are zoned Low-medium density residential zone, suitable for multiple dwelling/units, rooming accommodation, tourist park, relocatable home park, residential care and retirement facility and child care. Why here and why now? State Government has recently announced that the Whitsunday Shire Council has the exclusive rights to a project application to develop land at the Bowen Harbour for a service centre for globe-trotting superyachts. No one is calling it a mining boom yet but it's starting to look like one. In 2017-18 , investment by resource companies in Queensland was $8.6 billion, or $23.6 million every day, and the sector created more than 8400 extra jobs in 12 months, the equivalent of one new job every hour. Lessons had been learnt from the last boom, which relied heavily on fly-in, fly-out workforce, and some of the mining centres, such as Mackay, are benefiting from that with unemployment well below 5 per cent. There is a very real push to employ locally. There are currently over 35 ships queuing to be loaded with coal at the coal port of Dalrymple Bay, south of Mackay. Wait times stretching out past 3 weeks. Abbot Point has to expand to fulfil this demand. Don't miss this rare opportunity to secure a unique coastal development site in the heart of the Whitsundays. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

First listed on 20 January, this property has been on Realty for 412 days. There are currently 587 properties for sale in BOWEN.
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Land Area: 5082 m2
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