Lot 4 Triton Street PALM COVE QLD 4879
FNQ Development Opportunity $10 Million Plus GST

DESCRIPTION

It’s no secret that Australia is home to some of the most beautiful coastlines in the world. With world class rolling oceans, endless stretches of white sand and dense, untouched forests, our natural wonders are truly unlike any other. At Palm Cove in Far North Queensland, this very rare development site will bring this beauty to your doorstep- quite literally. The site will allow guests of the development to experience the tranquil beauty of this country’s most beautiful landscapes by simply stepping outside their front door.
This is an opportunity that should not be missed with an exciting boom in tourism and major developments in hotels and tourism across the Far North. With an abundance of incredible restaurants, shopping facilities and other lifestyle opportunities that you would expect close to a beachfront property development of this calibre. Palm Cove perfectly interlaces tranquility and vibrance, energy and relaxation. This is what makes this beachfront property one of the most specatular in the world; you get all the perks of suburban living amongst the backdrop of the tropical North Queensland, and the world’s, most incredible landscapes.

A few important features of this stunning property;

LOT 4 TRITON STREET, PALM COVE

GENERAL LOCATION;
This exquisite, absolute beachfront, vacant development site is located at Palm Cove, approximately 27kms north of the Cairns CBD.
Situated just 30 minutes north of the Cairns International Airport, Palm Cove is a premier tourist destination that has earned an international reputation as a place to relax and rejuvenate. With its village atmosphere, the sophisticated beachside hub of Palm Cove is an intimate blend of residential dwellings, award-winning restaurants, internationally renowned day spas and world-class resorts.
This prime development site is located on Triton Street, strategically situated at the southern end of Palm Cove between the Alamanda Palm Cove Resort and Spa, and the Pullman Palm Cove Sea Temple Resort and Spa.
The opportunity to acquire vacant, absolute beachfront land in one of the world’s most picturesque tourist destinations is more than rare!

SITE SPECIFIC INFORMATION
Street Address: Triton Street, Palm Cove
Real Property Description: Lot 4 on SP147763
County of Nares
Parish of Smithfield

Land Area: 18,520m2 approx.
Land Dimensions: Approximate Frontage Dimensions:
Triton Street 174m
Beach Front 109m
Northern Boundary 135m
Southern Boundary 131m
Please refer to the attached Registered Plan

Land Elevation: The general level of Triton Street is circa AHD 3.5m to 4.0m
The existing land levels range between AHD 1.5m to 2.0m
Please refer to the attached Detail and Level Survey

Roads and Access: Triton Street is a formed Cairns Regional Council road with interlocking concrete pavers with concrete kerb and channel.
Direct vehicular access from the Captain Cook Highway is via Palm Cove Boulevard or Veivers Road.

Utility Services: Cairns Regional Council services to the land include Water, Sewer and Refuse Collection
Electricity is available via Ergon Energy
Telstra services are available

Zoning: Tourist Accommodation Zone under the Cairns Plan 2016

Code Assessable
Development: Multiple Dwellings (Apartments)
Short term Accommodation (International Hotel)
Including Ancillary Uses such as Gym, Spa, Coffee Shop, Restaurant

Maximum GFA: 1.2 x Site Area
i.e. 22,224m2 for Multiple Dwellings and Short Term Accommodation