The sale of an elevated residential development site approved for townhouses but also suitable for land subdivision at Gympie in South East Queensland has generated positive interest, according to Ray White Special Projects (Qld).
The property at Lot 563 Fauna Road, Gympie, is being marketed via Expressions of Interest by Andrew Burke and Tony Williams of Ray White Special Projects (Qld) under instructions from Receivers and Managers, Grant Thornton.
The approximately 4.42ha Fauna Rd site adjoins an existing residential development and is zoned ‘residential living’ by the Gympie Regional Council.
“The site has an approval in place for a subdivision to create nine lots including a multi-residential townhouse development,” Mr Burke said.
Mr Williams said Gympie is an important service centre in the Wide Bay-Burnett regional approximately 160km north of Brisbane and approximately 30 minutes’ drive to Noosa Heads on the Sunshine Coast.
“Gympie’s proximity to the Sunshine Coast growth region is one of its attractions and it will benefit from the construction of the Sunshine Coast Hospital and the expansion of the Sunshine Coast Airport,” he said.
According to Gympie Regional Council, the population of the Gympie region is approximately 50,000 and it offers an enviable climate, affordable housing, employment opportunities and a wide range of educational options.
The Council identifies the Gympie region as being “on the doorstep of the World Heritage listed Fraser Island, a short drive to the Sunshine Coast, and is home to an abundance of state and national parks and part of the Great Sandy Biosphere.”
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