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131 Shingley Drive

Cannonvale QLD 4802

10000 m²
Land
Currently for sale - view listing

Overview

Is this Australia's Premier Waterfront Development Opportunity?

A generational opportunity is now presented to the market-arguably the finest development site in Airlie Beach, commanding an irreplaceable north-facing position overlooking Coral Sea Marina and the Coral Sea beyond. Held in single ownership for over 14 years, this landmark holding represents one of the last remaining large-scale development sites within the tightly held Airlie Beach foreshore precinct. Approved, Flexible & Primed for Scale The property benefits from an existing Development Approval for a 10-lot subdivision, providing immediate development certainty and the ability to deliver an exclusive residential enclave. Importantly, the site has previously held approval for a 120-key apartment/hotel resort with associated commercial uses, incorporating food & beverage offerings, function facilities, and resort-style amenities. This creates a compelling opportunity for developers and hotel groups to unlock significant uplift-leveraging the site's scale, orientation, and prime tourism positioning. Key Investment Highlights • Approved 10-lot subdivision - immediate development certainty • Significant repositioning upside - potential ~160-room five-star hotel (STCA) • Irreplaceable north-facing waterfront aspect with expansive Coral Sea views • Direct connectivity to Shingley Beach, Coral Sea Marina & boardwalks • Walking distance to Airlie Beach retail, dining & tourism hub • Tightly held asset - first time offered in over 14 years • One of the final development sites of this scale within the foreshore precinct • A Rare Dual-Strategy Opportunity This offering provides genuine flexibility-allowing investors to pursue a premium residential subdivision with near-term delivery, or capitalise on the region's accelerating tourism demand through a landmark hotel or resort development. With the Whitsundays continuing to strengthen as a globally recognized tourism destination, the site is uniquely positioned to support a flagship five-star asset in a supply-constrained luxury accommodation market. EOI submissions are invited from developers, hotel operators, and strategic investors seeking to secure a trophy waterfront development site offering both immediate certainty and long-term upside. Opportunities of this scale, position, and flexibility within Airlie Beach are exceptionally rare and unlikely to be repeated.

Features

10000 m² lot size
Land

Happy sellers in Cannonvale

90%
90% of sellers in Cannonvale reported that their sale price either exceeded or met their price expectations.

Cannonvale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 100 reviews in Cannonvale over the last 12 months.

Local market activity for land plots in Cannonvale

In the last 12 months, 44 land plots similar to 131 Shingley Drive, have been sold.

This represents a 44% decrease in land plots sales when compared to the previous 12 months.

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