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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.


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