A spectacular elevated double beachfront mixed use site has hit the market and The Brisbane Courier Mail feature article called it the new Byron Bay !!

Bolstering this view is the news that Australia’s richest person, Gina Rinehart, has made a move towards developing a $Billion plus world class tourism resort on Great Keppel Island in time for the Brisbane Olympics which has turbo charged interest in the Capricorn Coast, commented Savills Daniel Pepper.

Savills, agent Gregory Woods said the rebound in Regional Tourism is amazing. The growth in the domestic drive market is unprecedented, and the Cap Coast is the closest and easiest way from the southern capitals to explore the Great Barrier Reef State and International borders are reopening, and the Capricorn Coast already has the benefit of Rockhampton airport only 30mins away which can accommodate the largest commercial aircraft and enjoys daily services by Qantas and Virgin.

The business case for Capricorn Sands is compelling, and the site is over 33,000 sq mts and boasts further significant development potential Woods said. Some 24,000 sq mts of tourism and or residential accommodation spread across 4 building envelopes makes for an easy staged development STFA, together with over 3,000 sq mts of Commercial and or hospitality areas that are approved.

The huge amount of capital investment in search of Coastal Hospitality location opportunities knows no end, Savills Daniel Pepper commented. The opportunity and benefits of a new build allows a synergy between the two industries of Hotel accommodation brands and traditional pub operators seeking to amalgamate and expand their profit centres.

The regional population is over 270,000 and projected to grow to over 350,000 by 2036. most of whom reside within a 30mins drive. This represents a critical mass 24/7 all year round Customer base and the sale of the Capricorn Sands site includes a full unrestricted Commercial Hotel Licence that has the potential for satellite bottle shops and gaming, STFA.

The elevated double beachfront location with panoramic views over the islands is the money shot for the registered interest shown by leading Hotel accommodation brands, and with a temperate climate easy transportation access and nearby golf courses, Marina, fishing, sailing and best of all, diving on some of the best unspoilt parts of the Great Barrier Reef it ticks all the boxes.

Pepper said the underwritten strength of the area is supported by the massive $4.5Billion Federal Government infrastructure and growing Military presence.

He also makes the case for the The State Government importance placed on the area with Education (UCQ) and a new $360 million Hospital that supports the significant regional economy which covers Agruculture, Mining, Engineering, Energy, Tourism and is Australia's premier Livestock/Cattle centre.

The Tropic of Capricorn passes through iconic towns like Alice Springs, Longreach and Rockhampton and exits over the Great Keppel Islands. Locals say it is where The Great Australian Outback meets The Great Barrier Reef or as they refer to it “Beef and Reef”.

Gregory Woods offers the comment that the site is exceptional and without peer for size and immediate opportunity on the entire Queensland Coast line.

To request a copy of the Information Memorandum please contact one of the marketing agents, Savills Queensland Directors, Gregory Woods and Daniel Pepper via the contact details below.

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