Back 23 Altmann Avenue
Off Market

23 Altmann Avenue

Cannonvale QLD 4802

6242 m²
Land
Last sold for $3,200,000
Steve MarksSteve Marks, last sold this property on 22 December 2025 after 283 days on market.

Overview

SOLD BY EXPLORE PROPERTY

Offered for sale for the first time in over 20 years, this 6,242m² parcel of land represents an exceptional opportunity for developers in one of Australia's most sought-after and high-demand regions-the Whitsundays. Commanding stunning Coral Sea views from every level, this elevated site offers mostly flat land, already zoned "Low-Medium Density" with a 12-meter height allowance. The location is perfectly positioned to maximize the breath taking views and is primed for a wide range of development opportunities. Whether you envision a residential subdivision, a multi-unit complex, or short-term accommodation, the possibilities are vast. With up to three storeys permitted, this site is ideal for creating a high-value development in a rapidly growing market. The Whitsundays is experiencing unprecedented demand for both residential and holiday accommodation, driven by record-breaking tourism numbers and southern migration. The region has seen a remarkable surge in population and visitors, making it one of the most popular destinations in Australia for both domestic and international tourists. In response to this demand, there has been a shortfall in available new units with no new unit developments built in the area for over 15 years, and currently, there are no new unit projects underway. This provides a unique opportunity for developers to meet the growing demand for high-quality residential or short-term accommodation in the heart of the Whitsundays. Ideally situated in the highly coveted foreshore precinct, the property is just a short walk from the picturesque boardwalk only minutes from Coral Sea Marina and the bustling Airlie Beach, offering unrivalled convenience and access to the area's most popular attractions and amenities. This rare and prime parcel of land presents an exceptional opportunity to capitalize on the current market demand and the area's unparalleled tourism growth.

Features

6242 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Cannonvale over the last 12 months, the estimated median property value of 23 Altmann Avenue is $395k.

Median value
$395k
Estimated value range
$130k - $3.2m
Median days on market
106
Estimated value trend
59%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cannonvale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 23 Altmann Avenue

2025
Sold
$3,200,000
22 Dec 2025 by Steve Marks, of Explore Property Whitsunday

Happy sellers in Cannonvale

91%
91% 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 93 reviews in Cannonvale over the last 12 months.

Local market activity for land plots in Cannonvale

In the last 12 months, 43 land plots similar to 23 Altmann Avenue, have been sold.

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

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