Lot 138 Redbank Drive GREENVALE QLD 4816
All Offers Considered Over $50,000

DESCRIPTION

Greenvale is a nickel mining settlement in Queensland, Australia, approximately 280 kilometres northwest of Townsville in a highly endowed mineralised Province. It lies close to existing base metal mines, and advanced mineral projects being considered for development. Serviced by major arterial roads undergoing further improvement, and investigations are under way into the re-opening of the Greenvale rail corridor.
Located within the Charters Towers Region in the Dalrymple Shire.
There is a 9-hole golf course, caravan park, police station, and general store/mini supermarket. The hotel serves meals and has a number of self-contained units once used by the mine to house staff and contractors. The Greenvale Post Office opened on 1 November 1973.
It lies on the banks of the Burdekin River and on the Gregory Developmental Road. A good sealed road crosses the hills over to Townsville. An ore-carrying railway line ran between Greenvale and Queensland Nickel Industries (QNI) processing plant at Yabulu, approximately 20 kilometres north of Townsville from 1974 to 1993. Some of the longest trains in Australia were pulled along this. The railway line tracks were removed in mid-2000 however the bridges, cuttings, blue metal and easement remain. Occasionally people walk from Yabulu to Greenvale along it, as a form of fundraising. Despite the fact that the mine itself has since concluded operations, more mining operations around the area have since commenced and homes are all fully occupied with workers supporting the regional mining and exploration.
Greenvale's population is approximately 150; however, when the nickel mine was in operation, its population was roughly estimated to be 3,000. The 2006 Census Data states that 255 people were living in the Greenvale statistical division of the Dalrymple.
The Greenvale mining lease has undergone extensive exploration work by Straits Resources and Metallica Minerals for the purpose of reopening the nickel and cobalt operations. The surrounding areas have extensive nickel and cobalt mineralisation. During this most recent exploration work, the Lucknow ridge south of the mine has been found to contain one of the largest known reserves of scandium oxide in the Lateritic nickel ore deposits. According to the managing director of Metallica Minerals, Andrew Gillies, the deposit's quality and purity are remarkably high. Scandium oxide is a critical component of solid oxide fuel cells which have promise for the efficient direct production of electricity from low carbon gas fuels.
This is 5.51 Ha (13.61 acres approx) of land in town with 2 bitumen road frontages kerbed and channelled, next to established units, close to the tavern and caravan park, and across from the town sport’s ground. Services are available to the site and recent discussions with Council imply sub-division potential and/or material change of use would be favourably considered.