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9 Thongon St

Kuranda QLD 4881

Land
Currently for sale - view listing

Overview

BUILD NEW. MAXIMISE RETURNS. DUAL TITLES CLOSE TO KURANDA VILLAGE

Build New. Maximise Returns. This 2,024m² dual-title site presents a rare opportunity to create a brand-new investment in one of Far North Queensland's most tightly held village markets. Positioned just one block from Kuranda Village and zoned Medium Density Residential, the property offers the flexibility to develop duplexes, townhouses or units (STCA). Why Build New? Unlike purchasing an established investment property, building new allows owners to benefit from significant depreciation allowances, lower maintenance costs in the early years of ownership and accommodation designed to meet modern tenant expectations. Combined with Kuranda's limited rental supply and strong demand for quality housing, this creates an attractive opportunity for both cash flow and long-term capital growth. Investor Highlights Dual-title 2,024m² site Medium Density Residential zoning Potential duplex, townhouse or unit development (STCA) Just one block from Kuranda Village Fully serviced with water, sewer, power and NBN available Opportunity to build new and maximise depreciation benefits Located in a low-vacancy rental market Flexible development options to suit a range of investment strategies Opportunities to secure a centrally located development site of this size and flexibility in Kuranda are rare. Contact Dean Gray today to receive further information or request the link to submit your offer online.

Features

Land

Property history for 9 Thongon St

2021
Sold
$309,000
Private Sale/Treaty on 27 May 2021 by Sonia Poole, of Ray White Cairns Beaches
2019
Sold
Undisclosed
Private Sale/Treaty on 09 Jan 2019 by Gunther Frohlich, of Raine & Horne Palm Cove

Happy sellers in Kuranda

51%
51% of sellers in Kuranda reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 11 reviews in Kuranda over the last 12 months.

Local market activity for land plots in Kuranda

In the last 12 months, 7 land plots similar to 9 Thongon St, have been sold.

This represents a 40% decrease in land plots sales when compared to the previous 12 months.

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