Queensland Seachange Development Site with Master-Plan Approval

'Lakefront Estate' is a 93-hectare development site within the thriving community of Hervey Bay.

This master-planned estate has a preliminary approval in place which assists to expedite development that will accommodate and capture the current demand and future growth of the Fraser Coast region.

Designed around a central lake with large expanses of open space linking the various residential, retirement and retail communities, it is within 800 metres from the pristine Dundowran Beach and only a few minutes’ drive into Hervey Bay CBD.

The position of this land is set to provide the immediate and future land supply within an area of growing demand and trending towards significant undersupply. It offers the following attributes:

• Pre-approved for residential, retirement, land lease and retail development
• Preliminary approval to override the planning scheme for MCU, ROL and OPW
• Short walk to untouched beach and nature reserves
• High level of new growth in surrounding commercial, retail and hospitality services
• Median House Price of $960,000 up 14.5*

Situated within one of Australia’s fastest growing regions, Hervey Bay is the 9th most populous place in Queensland and has consistently experienced one of the fastest growth rates in Queensland.

Hervey Bay boasts an abundance of commercial and tourist facilities, with cafes and restaurants aligning the esplanade. It offers an enviable lifestyle only 3.5 hours north of Brisbane with sub-tropical climate all year round and is surrounded by pristine beaches. Renowned for its outdoor lifestyle, Hervey Bay neighbours Fraser Island and provides a playground for residents who enjoy swimming, fishing, sailing, diving and relaxed beachside living. .

For further information and discussion on this property, please contact the exclusive agents at Cushman & Wakefield.

* Source: RP Data Median House Price Dundowran Beach