Cairns real estate: 3.4ha northern beaches bushland with ocean views hits the market
A beautiful 3.4ha block backing on to Earl Hill is the last opportunity for developers to secure a foothold at this popular northern beaches spot. This is what’s on the market.
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THE last sizeable block of land suitable for development at Trinity Beach is on the market.
The elevated 3.4ha block adjoins the northern side of Earl Hill, with subdivision approval in place for 11 blocks.
There are uninterrupted ocean views from much of the block, which is at the end of Moore Rd and bounded by Peacock St on the eastern side and Trinidad Close on the northern side.
It is owned by Earl Hill Property Investments, whose sole director is Trinity Beach resident Robyn Pylypec.
Agent Billy Clarke of RE/MAX said there had been interest from Melbourne and Sydney development companies.
“There is no land left at Trinity Beach, this is the last big block,” Mr Clarke said.
He said the blocks approved under the subdivision were quite large.
“It does have a house on it and you could quite comfortably live in the current home, but the volume of the land size lends itself to development,” he said.
Mr Clarke said the land, which is three joined titles, was surrounded by high quality real estate and there would be huge buyer demand upon development.
“Access from the southern end of Moore St with an auxiliary access point at the intersection of Possum and Peacock Streets,” Mr Clarke said.
The subdivision in its first iteration was approved in 2017 as a community title scheme for 14 lots.
The nature conservation area Earl Hill is a popular recreational spot since the State Government bought the 54ha property it for $4m from developer Consolidated Properties in 2018.
In July 2020, a new $260,000 beach-to-beach trail head was added to the Earl Hill walking track.
At the other end of Moore Rd, the 18.8ha site that is Taylor Point – which is a natural boundary between Trinity Beach and Kewarra Beach – is back on the market with an $8m asking price.
The headland owned by developer Robert Prettejohn has had development approval for 19 lots since 2012.
Trinity Beach is home to the substantial Bluewater Estate.
Ray White Cairns Beaches agent Jackson James said 113 blocks at Bluewater went under contract in 2021 and there were 55 lots remaining across Stages 30 to 34.
“The competition for properties in the established housing market, tight rental market and low interest rates have resulted in continued demand for house and land packages within the Bluewater Estate,” Mr Jackson said.
“The value achieved in building versus buying an established home has exceeded supply, therefore Brookfield, the developer, has responded by releasing extensive new land to the market ahead of schedule, with three stage releases currently under construction and four additional stages due to start construction soon.”
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Originally published as Cairns real estate: 3.4ha northern beaches bushland with ocean views hits the market