News

Mackay Marina sale turns focus to North Harbour

An aerial view of the North East Business Park development on the Caboolture River.
An aerial view of the North East Business Park development on the Caboolture River. Kyle Zenchyson

THE proposed sale of the 479-berth Mackay Marina has signalled interest from property developer Port Binnli Group to focus their interest on the North Harbour development on the Caboolture River.

More than 80 families have moved in to the residential community since October 23 last year and lots are being released for the 169 hectare North East Business Park.

Project coordinator Peter Lightbody confirmed the company was now focussing on the North East Business Park and North Harbour projects, in collaboration with international construction company Laing O'Rourke.

"There's a lot happening in terms of opportunity,” he said.

"The North Harbour and North East Business Park is certainly the company's major focus going forward.

"It more than occupies our time.”

Mr Lightbody said there has been a lot of interest in properties since the opening of the display village earlier this year in April.

"We've sold 330 lots to date, which is very pleasing,” he said.

"People are liking what we've got to offer.

"Demand has definitely increased significantly in the past six months.”

The Mackay Marina sale has all ready attracted interest from potential buyers, as reported by the Mackay Daily Mercury on Thursday.

Resort Brokers national sales manager Trudy Crooks said it was a rare piece of property.

"This is an absolutely trophy asset,” she said.

She said with a diverse income source (of residential, commercial, shipping yard and marina), on the Queensland coast, so close to Whitsunday and opportunities to expand, its going to get interest from around the world.

"There will be overseas interest, from places like Asia, but there will also be Australian interest,” Ms Crooks said.

The property is expected to fetch Port Binnli Group somewhere in the high $30millions.

According to Ms Crooks, the development has made about $3.5million on average for the past four years.


Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Lucky possum escapes python that ate its mother

Georgie the possum is now with Wildcare Australian.

Georgie’s new home has a fake pouch but he is beginning explore.

Woodford Splash 'n' Movie cancelled

Division 12 Councillor Adrian Raedel with members of the Woodford Swim Club.Photo Contributed

WOODFORD'S swimming pool screening has been cancelled.

Local Partners

New red light camera for Morayfield

Two new fixed red light/speed cameras will be in operation on Queensland roads by the end of the week - and one of them will be installed in our area.

Puppetry of the Penis secrets revealed ahead of show

The famed Puppetry of the Penis is coming to the Sunshine Coast for shows in Noosa and Caloundra.

WARNING: This interview contains adult themes and traces of nuts

Noll meltdown won't affect Gympie Oz Day concert

Shannon Noll

Photo Contributed

Shannon Noll is still expected to perform in Gympie next Thursday

Start the new year with a bang at Woodford

CLOSING CEREMONY: The Fire Event is Woodford Folk Festival's biggest ceremony.

Farewell 2016 with fire at Woodford Folk Festival

Kristen Stewart to host SNL

Kristen Stewart will host a pre-Super Bowl episode of SNL next month

Louis Tomlinson celebrated his son's first birthday

Louis Tomlinson and Briana Jungwirth celebrate son's first birthday

Kylie Minogue will take husband's name

Kylie Minogue will take her fiancé Joshua Sasse's surname

Nicole reveals her biggest parenting challenges

Actress Nicole Kidman.

Nicole Kidman says her kids are ‘deeply attuned' to her moods.

Suicide Squad director reveals his regrets about the film

Margot Robbie in a scene from the movie Suicide Squad.

DIRECTOR of superhero flick on what he’d change about ‘flawed’ film.

Meet the new Marco on MasterChef Australia: Yotam Ottolenghi

Israeli-born, London-based chef Yotam Ottolenghi will be a guest chef for a week on the 2017 season of MasterChef Australia.

AFTER Marco’s defection to Seven, MasterChef signs a true food hero.

Stockland's $150m pitch: Build it and they will come

Gladstone Marina. The Gladstone Regional Council offers a range of exciting job opportunities. Photo Contributed: Murray Ware.

Here's why we need to see Stockland upgrade start soon.

By the water's edge

Secure your seachange

HOT PROPERTY: Money to spend on land, buildings

File picture.

Sale, leasing of industrial real estate picks up in Mackay

Collapsed Coast company could owe up to $5 million

Staff, ATO, landlords among those out of pocket.

Ipswich block of dirt sells for $582 a square metre

JUST SOLD: A property on the Brookwater golf course sold for a record-breaking $612,000.

Property smashed 2007 record by close to $100,000

Ready to SELL your property?

Post Your Ad Here!