Main Street Urraween Road, Kawungan, QLD 4655

Colliers invites your participation in the sale by Expressions of Interest, closing at 4pm on Thursday 29 August 2024, of a significant Kawungan development site. This 8,000m²* land holding is situated in a prominent location on the corner of Main Street and Urraween Road in the rapidly evolving centre of Hervey Bay's commercial and retail activity.

This opportunity will be attractive to developers and owner occupiers looking to enter into one of Queensland’s coastal hotspots.

The Fraser Coast Region has a current resident population of over 110,000 which is expected to grow out to 2041 by approximately 1% per year. The majority of this population, about 70,000 people, live in Hervey Bay and its surrounding coastal and inland communities. By 2041 around 90,000 persons, representing 70% of the region’s growth, are forecast to live in Hervey Bay and these surrounding communities that the City Centre services.

Highlights of the opportunity include:

• 8,000m²* developable land parcel

• Emerging Communities zoned land

• Commercial and residential development options

• High traffic/ high exposure corner site

• Benefits from the opening of the Boundary Road extension

• Join Australia's major retail brands (Bunnings/ Repco/ Sydney Tools/ Stockland Shopping Centre/ GyG)

• Ready to go serviced site

• Market continuing its upswing phase

Please contact Colliers for a confidential discussion about the property and to receive the Information Memorandum and other pertinent material.

*Approximate.

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