ABOUT THE INVESTMENT
* This is a rare opportunity at a reasonable price not to be missed. A Development Approval exists and is current for short term accommodation facility of 15 Dual Keyed Villas and Managers residence to be constructed on this 6,917 square metre cleared site. The allotment sale is subject to Council reconfiguration approval for the already approved DA.
* The intelligent design of the dual keyed villa will allow either short term accommodation individuals or families to enjoy the facilities as well as a 350-metre casual stroll to the white sands and tropical waters of Toogoom, a northern beach suburb of Hervey Bay Fraser Coast.
* Each of the dual keyed villas has a carport designed to accommodate a caravan.
* Serious Investors and Builders are welcome to inspect the freehold site and development approved plans. Buyers of this development approved land are then in a position to leverage the years of investment of the vendor by developing a business enterprise for short term accommodation optimised for rental returns. The buyer has an option to sell the dual keyed villas to individual investors and after 12 months of operation sell the management rights for the complex.
* Another option to consider is that each block could be freehold as a Community Management Scheme (“CMS”) could be applied for with road and pool under the common property of the CMS.
* The vendor is local, and the vendor is experienced and competent in this style of development. The vendor is willing to support the purchaser to assist in bringing the vision of the DA into reality.
ABOUT THE TOOGOOM AREA
* Toogoom is a picturesque seaside village only 16 km or a leisurely country drive from Hervey Bay and about the same from the famous holiday village of Burrum Heads. Toogoom underwent some major development approximately 14 years ago, providing an opportunity for Owners and Investors alike to purchase in the area.
* Toogoom is an ideal place for holidays or just getting away for a good rest in the peace and quiet of this lovely seaside paradise.
* What a great fishing spot Toogoom is with safe beaches and swimming, children’s playground, Fixter Park BBQ Area, Boat ramp to launch your boat, and a short drive to the Craignish Country Club Golf Course and Hotel.
* Additional facilities will include an IGA, Pharmacy, Hair and Beauty Salon and a general store.
* Toogoom also enjoys an air-conditioned Community Hall complete with a bar that offers a variety of activities, Sub Branch RSL Club and Tennis Courts.
* Mountain Bikers are also catered for, as there is a Range opposite the Community Hall.
Call Karyl on 0423 575 606