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505 Mount Peter Road
Mount Peter QLD 4869
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Sold on 11 Feb 2022

505 Mount Peter Road Mount Peter QLD 4869

  • Development / Land
  • 26.58 ha
  • Sold, $4,750,000

Substantial Freehold with Development Potential

Colliers Cairns are pleased to offer for sale 505 Mount Peter Road, Mount Peter, QLD. Representing a substantially sized freehold parcel, the quality site offers potential future development opportunities or the continuation of current farming practises for the new owner. The property is being offered to the market for Expressions of Interest closing Thursday 2 December at 4pm.

Located between Edmonton and Gordonvale, south of Cairns City, the property represents a considerably sized, 26.58Ha* parcel of freehold land. Currently utilised as a combination of cattle grazing and sugar cane farming, the parcel has the potential for future development opportunities, subject to council approval.

The site incorporates several improvements including a 42x15m farm shed, covered cattle shed and quality barbwire fencing around the property. The farming land itself comprises10.13Ha* productive land area under cane plus approximately 12.5Ha of improved pasture with brachiaria grass for cattle fattening.

Accessible via Mount Peter Road (south of Edmonton) and the Bruce Highway, the site is ideally positioned within the southern "hot spot" development area. With substantial dual street frontages - 445m* to Mount Peter Road and 600m* onto Mohamed Access, the parcel is zoned 'Low-Medium Density Residential" representing the potential for future residential development with varying densities, subject to approvals. The site is relatively unconstrained except those areas adjacent to waterways.

Bounded by surrounding agricultural properties and positioned within a high rainfall area, the southern boundary of the site runs along a watercourse (Gray Creek), with the adjoining point of Gray Creek and Wrights Creek positioned adjacent to the south-east corner of the site.

Features:
-Substantially sized 26.58Ha* parcel
-Current use cattle grazing and sugar cane farming
-Existing improvements including farm shed & boundary fencing
-Current "hot spot" development area
-In development pathway
-Uniqueness of the offering - limited comparable properties currently available

The property is being offered to the market for Expressions of Interest closing Thursday 2 December at 4pm. For more information, contact Stacey Quaid on 0418 773 258.

*approximately
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Colliers - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors - office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers is Australia's own global real estate success story.

Colliers International Cairns
Colliers International Cairns
35 Lake Street
Cairns, QLD 4870

Property Highlights

Date Sold11 Feb 2022
Sold Price$4,750,000
Floor Area20 m²
Land Area26.58 ha
ParkingAsk Agent
Property ID2017368864
Category
Last updated  27 Apr 2022
Map for 505 Mount Peter Road Mount Peter QLD 4869
Colliers International Cairns
Colliers International Cairns
35 Lake Street
Cairns, QLD 4870

Property Highlights

Date Sold11 Feb 2022
Sold Price$4,750,000
Floor Area20 m²
Land Area26.58 ha
ParkingAsk Agent
Property ID2017368864
Category
Last updated  27 Apr 2022

Listed by

Stacey Quaid
Stacey Quaid
Colliers International Cairns
Call
+61 418 773 258

More about 505 Mount Peter Road Mount Peter QLD 4869

505 Mount Peter Road Mount Peter QLD 4869 is categorized as Land & Development Property. It has a floor area of 20 m² and a land area of 26.58 ha. The listing ID for this property is 2017368864.

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