22-LOT APPROVED INDUSTRIAL SUBDIVISION | BRUCE HIGHWAY EXPOSURE
SCULLY STREET, BOWEN
APPROX. 4.6 HECTARES | 22 LOTS
Developers, industrial investors and land bankers this is an opportunity that deserves serious attention.
Positioned at the southern entrance to Bowen with prominent exposure to the Bruce Highway, this substantial approximately 4.6-hectare site provides an opportunity to acquire an approved 22-lot industrial subdivision in one of North Queensland's established regional centres.
The acquisition equates to approximately $100,000 per approved lot before GST, development, infrastructure and associated project costs.
For developers searching for their next industrial land project, the numbers warrant investigation.
THE DEVELOPMENT OPPORTUNITY
The existing approval provides for the subdivision of the site into 22 individual lots, creating the potential to deliver much-needed industrial land into the Bowen market.
Individual proposed lots are approximately 1,000m² and above, providing flexibility for a range of future industrial users subject to the relevant approval conditions and requirements.
The site's substantial landholding, highway exposure and established development history create several potential strategies for the incoming purchaser.
Develop the subdivision.
Stage the project.
Retain individual lots.
Sell completed lots.
Or secure the entire holding as a strategic industrial land investment.
PROPERTY HIGHLIGHTS
Approximately 4.598 hectares / 11.36 acres
Approved 22-lot subdivision
Proposed lots from approximately 1,000m² and above
Approximately $100,000 acquisition price per proposed lot before GST and development costs
Bruce Highway exposure
Positioned at the southern entrance to Bowen
Low Impact Industry zoning identified in Council planning material
Existing development and Operational Works history
Partially developed and landscaped site
Suitable for developers, builders, industrial investors and strategic landholders
Development information available to genuine purchasers
WHY BOWEN?
Bowen occupies an important position on the Bruce Highway within the Whitsunday region and services significant agricultural, resources, transport and tourism activity across North Queensland.
Industrial land with highway exposure and an existing subdivision approval represents a fundamentally different proposition from ordinary vacant acreage.
For developers and investors looking beyond heavily priced metropolitan industrial markets, this site provides scale, an established planning pathway and the ability to investigate delivery of multiple industrial lots from one acquisition.
22 LOTS. ONE ACQUISITION.
Approximately 4.6 hectares.
Approved 22-lot subdivision.
Bruce Highway exposure.
Serious developers should run the feasibility.
Development and approval documentation can be made available to genuine purchasers.
Contact the listing team today to obtain further information and discuss the opportunity.
Prospective purchasers should undertake their own independent enquiries with Whitsunday Regional Council and all relevant authorities regarding the current status and currency of approvals, approval conditions, Operational Works, infrastructure requirements, development costs, zoning, lot dimensions and suitability of the property for their intended use.
