Land for sale

20 Gympie Road,

Tin Can Bay, QLD

0 0 0
$1,200,000

LOOKING FOR A SHORT TERM PROJECT?

The current owner has been developing Tuncunba Gated Estate over the last twelve years by having homes built and then selling them. They are sold as freehold house and land and have been attractive to the over 50’s market who are downsizing to this relatively undiscovered piece of paradise surrounded by protected waterways of Tin Can Bay.

ESTATE FEATURES -

• The 15 lots are fully serviced with roads, town water, reticulated bore water, underground electric power, street lighting, telecom and storm water. Additionally, there is a community building which has a functions area, kitchen, toilet, men’s shed, beach edge pool and Sales Office.

• The estate is central, elevated and one block back from the Bay Foreshore. It has 3 road frontages with an oval and tennis courts on the 4th boundary.

• The remaining lots are for 10 two level and 5 single level dwellings and footprints are in place. These could be varied upon application.

• It is a registered Community Title Scheme and the Body Corporate annual maintenance and sinking fund fees are $835 per annum in total per block, making it attractive for the target market of over 50’s residents or investors in the rental market.

• The average size of the 15 lots offered is 187m2, ranging from 145m2 to 289m2 ideal for villa/townhouse designs. 2 Bedroom 2 Bathroom, single garage are selling for around $340,000 and two level with a hydraulic 3 person Lift, 3 Bedroom, 2 Bath, double garage sell for around $420,000. All feature high end finishes and inclusions.

• The 43 block Estate is fenced and has powered security gates.

The final stages of the Bruce Highway dual carriageway to Gympie are under construction and the completion of this project will be the biggest event for the Cooloola Coast and Tin Can Bay in 50 years making it a very desirable alternative to the Sunshine Coast.

With the recent improvement in the local real estate market the developer sees this as an opportunity to step aside and offer the last 15 fully serviced lots for sale.

Property Code: 830
Last updated: 11:25AM on Jun 5th 2017
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Cooloola Coast Realty Rainbow Beach

2/6 Rainbow Beach Road
Rainbow Beach QLD, 4581