



Colliers invites your participation in the sale of a significant Kawungan development site. This 9,380m²* land holding is situated in a prominent location on the corner of Main Street and Urraween Road in the rapidly evolving centre of Hervey Bay's commercial and retail activity. The site is diagonally opposite from the proposed Woolworths shopping centre in what is fast becoming the geographical centre of the rapidly expanding Hervey Bay urban footprint. The Seller is progressing a Development Approval for a 32-townhouse scheme which makes this a very attractive opportunity for residential developers and other housing groups who are looking to enter into one of Queensland’s coastal hotspots. This opportunity will be attractive to developers and owner occupiers looking to enter into one of Queensland’s coastal hotspots. The Fraser Coast Region has a current resident population of over 110,000 which is expected to grow out to 2041 by approximately 1% per year. The majority of this population, about 70,000 people, live in Hervey Bay and its surrounding coastal and inland communities. By 2041 around 90,000 persons, representing 70% of the region’s growth, are forecast to live in Hervey Bay and these surrounding communities that the City Centre services. Highlights of the opportunity include: • 9,380m²* developable land parcel • DA in progress for 32 townhouse projects • Emerging Communities zoned land • Mixed Density Residential Area in local plan • Located in the geographic centre of the growing Hervey Bay urban footprint • Flexible settlement terms available • Ready to go serviced site • Generous headworks discounts from Council for townhouse development projects Please contact Colliers for a confidential discussion about the property and to receive the Information Memorandum and other pertinent material. *approx
Email enquiry to Colliers - Brisbane
Property ID: 504652832
Original Property ID: 504652832