NEW DEVELOPMENTS, INDUSTRY TRENDS
Priced to sell: Residential infill landholding in Cairns with a multitude of potential outcomes
Posted by Development Ready on Mar 04, 2019

A substantial residential infill development opportunity, in the gorgeous western fringes of the Cairns municipality, has recently been made available for sale. This rare landholding has been generously priced to sell ($260/sqm).

419-421 Kamerunga Road encompasses 5,946sqm* of vacant, low-medium density, residentially zoned land just 10km north-west of Cairns’ CBD. Its flexible nature and positioning allows for a multitude of project outcomes, including various residential configurations, retirement or aged-care, disability support, social housing and more.

Stateland Pty Ltd are proud to bring this site to the market. Enquire today to ensure this highly attractive opportunity does not pass you by.

“There is scope for a significant amount of projects to suit a wide range of end-users,” Stateland’s Peter Macdougall noted.

“The current zoning provides the perfect opportunity to masterplan a boutique residential development. A townhouse style development could yield circa 30 dwellings whilst an apartment development has the potential for even more. There is a 2-storey height allowance (or 8.5m) however there may be potential to propose a 3-level design.”

The site also benefits from the existing infrastructure that surrounds. There is almost 40m of street frontage to Kamerunga Road and all town services are connected; including water, electricity, NBN & sewerage. 

“General lifestyle amenities are in abundance as well,” Mr Macdougall has announced.

“The area is well serviced, including a large shopping centre, sports centre and two schools with both providing education from Prep to Year 12. Redlynch Kindy is also nearby for the little ones.”

“The nearby Red Beret Hotel has recently been refurbished, and opposite that residents will find a local convenience centre. Everything one could need/desire feels within a two minute walk of the subject property.”

Summary:

  • 5,946sqm* land area
  • Cleared site – no vegetation
  • Priced to sell: $260/sqm
  • Zoned low-medium density residential under the Cairns Plan 2016
  • Residential opportunity to subdivide, develop apartments or townhouses, or retirement (independent or assisted)
  • Mixed-use development opportunities include childcare, medical, self-storage or commercial (STCA)
  • Town services connected; water, electricity, NBN & sewerage

*Please note that all financials, measurements and distances quoted are approximate only.

Enquire today to ensure you don’t miss out.

For further information, please contact Stateland Pty Ltd,

Peter Macdougall: 0418 195 584



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