Lots 10, 21 and 51 Cooper Road, Mount Peter, Qld 4869

Lot 10, Lot 21 and Lot 51 Cooper Road, Mount Peter are offered for sale via Expressions of Interest (EOI), comprising three allotments with a combined area of approximately 25.52 hectares.  The seller is open to exploring an option to retain a small portion of land between 2 and 3 hectares if the buyer is able to accommodate this, however, a sale of the whole of land will also be considered.  Buyers are invited to submit offers for both scenarios.

Mount Peter is the top regional urban growth area, 15 kilometres south of Cairns, designated to deliver over 18,500 dwellings, housing over 50,000 people.  Key milestones to date include its 2008 master planned designation, the 2010 strategic environmental assessment and its integration into the Cairns Regional Council Master Plan 2016.

The Mount Peter Priority Development Area (PDA) was declared at the request of the Cairns Regional Council to provide a streamlined planning framework to accommodate the future housing needs of the Cairns region.  The area is recognised as a future growth area in the Far North Queensland (FNQ) Regional Plan.  The Mount Peter PDA will support the delivery of residential accommodation and provide a more streamlined process for development assessment.

The site consists of three allotments being:
Lot 10 Cooper Road: 0.67 hectares 
Lot 21 Cooper Road: 2.35 hectares
Lot 51 Cooper Road: 22.5 hectares
Total Site Area 25.52 hectares (retained area 2.75 hectares approximately) 

The site is located in a picturesque setting with mountain backdrops, surrounded by future development and sits between land owned by Education Queensland (State Government) and Fabcot (Woolworths).  Additionally, the site is ideally located to take advantage of frontages to Cooper Road and Mount Peter Road, the main arterial access to the residential growth corridor.

The site will benefit from the likely future surrounding services including an existing private college for students prep to 12, and a future state high school, as well as a shopping centre and specialty commercial hub. 

Cairns residential land values have been the ultimate beneficiaries of strong demand.  Achieved sale prices over the Cairns LGA have demonstrated growth in median pricing of circa 48% over the past three years to March 2026 lifting from $263,000 to $389,500.  The southern growth corridor has exceeded that growth demonstrated across the region with an increase of 65% over the same period, lifting from $211,500 (March 2023) to $349,500 (March 2026).  

Mount Peter has been the stellar performer in the southern growth corridor, reflecting an increase in annual median sale prices for land to $384,500 in the year ending March 2026, demonstrating an increase of 60% over the past three years.  Vacant land sales in 2026 in Mount Peter have demonstrated pricing between $359,500 (600 sqm) and $439,500 (820 sqm).

Interested parties are invited to contact the exclusive agent at Knight Frank Cairns to obtain an Information Memorandum.