FOR SALE
Offers Over $8 Million

321 Maitland Road
Mount Peter QLD 4869

Bedrooms: -
Bathrooms: -
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Land area: 89ha
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FARM OR DEVELOPMENT SITE

Introducing a Highly Desirable Development Site with Unlimited Potential
Presenting a rare opportunity in the sought-after Mount Peter Estate, this blue-chip development site is poised to generate tremendous interest. Strategically located between the thriving Edmonton to the northeast and Gordonvale to the south, both merely 5 kilometers away, this property offers an ideal position to capitalize on the assured future growth of these areas.
Nestled within approximately 87 hectares (216 acres) of picturesque landscape, this parcel boasts an elevated position with a gentle gradient, requiring minimal earthworks. A stunning feature of the property is approximately 8 hectares, embraced by lush rainforest and scenic walking trails. With the region experiencing a growing demand and limited supply, this development presents a unique opportunity to reap substantial profits.
Key Features at a Glance:
• Two houses totaling eight bedrooms and two sheds
• Approximately 216 acres / 87 hectares
• Mesmerizing views of the Tableland range and inlet
• Current sugar cane lease generating $1,666 monthly income, expiring in 2024.
Edmonton has emerged as the epicentre of development in the Cairns region. Located just 20 minutes south of Cairns, this vibrant suburb has gained popularity among families due to significant infrastructure enhancements.
Proudly presented by RE/MAX Real Estate Services Cairns and Billy Clarke, your dedicated Town & Country Specialist.
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Property Details for 321 Maitland Rd, Mount Peter

Building Type
Land
Land Size
89ha

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About Mount Peter 4869

The size of Mount Peter is approximately 17.8 square kilometres. It has 4 parks covering nearly 2.5% of total area. The population of Mount Peter in 2011 was 274 people. By 2016 the population was 84 showing a population decline of 69.3% in the area during that time. The predominant age group in Mount Peter is 50-59 years. Households in Mount Peter are primarily couples with children and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Mount Peter work in a managers occupation. In 2011, 66% of the homes in Mount Peter were owner-occupied compared with 93.3% in 2016.

Mount Peter has 678 properties. Over the last 5 years, Houses in Mount Peter have seen a 53.31% increase in median value. As at 31 October 2024:

  • The median value for Houses in Mount Peter is $630,763 while the median value for Units is $349,386.
  • Houses have a median rent of $660.
There are currently 9 properties listed for sale, and 3 properties listed for rent in Mount peter on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Mount peter.

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