Expressions of interest are being sought on behalf of a Mortgagee for the balance of Oasis Land Estate, Kirkwood Road, Gladstone, by Ray White Special Projects Queensland.
The offering comprises 35 registered residential land lots ranging in size from 229 sqm* to 623 sqm* and three balance area parcels comprising a total of 12.476 ha* that had previous approval (lapsed) for circa 117 lots.
The assets are being jointly marketed by Ray White Special Projects Queensland Executive Directors Mark Creevey and Tony Williams in conjunction with Andrew Allen from Ray White Gladstone.
Mr Creevey says the entire offering is available individually, in-one-line, or any combination.
View the Oasis Estate, Kirkwood Road, Gladstone on the Ray White Special Projects QLD website.
Mr Williams says this is an opportunity for a genuine counter cyclical property play in the resource-rich regional Queensland city of Gladstone.
"The Gladstone market has suffered several years of negative growth following the completion of construction of the $90 billion LNG on Curtis Island, however recent data demonstrates that demand for housing is increasing," said Mr Allen.
"Of particular interest is the rapid tightening of the residential vacancy rate, which is placing upward pressure on rental prices in the port city. Likewise, the volume of housing sales in Gladstone are increasing year on year and with little supply being added to the city’s housing stocks since 2015, home values are also showing signs of positive growth."
Visit the Ray White Special Projects QLD website.
"Ironically, at a time when many of Australia’s capital city markets stall, the infrastructure city of Gladstone is likely to witness a long-awaited recovery of its property sector."
Expressions of interest close on Tuesday 11 December 2018. For more information, contact the listing agents via the contact details below.
*Approximately.
This is a sponsored post.
View more from Ray White Special Projects Queensland:
Multi-purpose site at Kenmore Hills available through Ray White Special Projects
Multi-purpose development site in Thornlands for sale
Expressions of interest for substantial rural residential site in Maryborough