Boutique Cairns Development Offers Unrivalled Opportunity

Posted by Development Ready on Apr 20, 2017

Undoubtedly one of Australia’s fastest growing and rapidly evolving coastal cities, Cairns and it’s surrounds are experiencing a wave of transformation thanks to both public and private investment that looks set to cement it’s standing as a major holiday and lifestyle destination with both interstate and international visitors.

Capitalising on the timing of this heightened demand, and offering a superb position in Redlynch, one of Cairns’ most prestigious suburbs is 82-84 Redlynch Intake Road,  a substantial land parcel of some fifteen hundred and eighty square metres.

Combining two adjoining lots, the site boasts a multitude of development outcomes depending upon preferences, with possibly avenues including either a dual occupancy, multi-townhouse or multi-unit project all offering potentially viable scenarios - such flexibility reinforces the value of this site to either builder / developers and low to medium density developers.

Pricing structures in Redlynch, a highly sought after precinct a mere ten kilometres from the Cairns City Centre highlight a median house price above four hundred and thirty thousand, with rents equating to a median of four hundred and fifty per week - combined with a positive net trend in these figures are an established rental market and low vacancy rates across the board.

The site itself boasts competitive development credentials including no building covenants, easements or encumbrances and an attractive Low-Medium Density Residential zoning scheme - connection to all major services and utilities has been facilitated whilst a dual occupancy development outcome offers Self-Assessable regulations whilst a multiple-dwelling development outcome offers code-assessable regulations.

For further information, and to contact the exclusive marketing agents Stateland, please click here.