This dream home location is yours for absolute peanuts as the developers want it sold NOW! They have dropped their prices SO LOW that you can purchase a generous sized block of land with a million dollar view for a fraction of the price. Take this opportunity NOW to design your private retreat in the heart of the Whitsundays, or land bank now and profit later when China Town comes.
Located on the same latitude as Brazil's infamous Rio De Janiero, and close to multi-million dollar homes (one currently for sale at $25M), Mandalay Peninsula Private Estate is arguably the most beautiful location in Airlie Beach. The outstanding Coral Sea views include islands and mainland include Airlie, Boathaven Beach and Port of Airlie.
Due to a falling out between the developers we have been instructed to SELL their entire land holding in this private, rainforest, gated residential estate at ridiculously low prices, and they want them SOLD TODAY. That makes it your LUCKY day. It doesnt get any better than this so Act quickly to secure the best block for you.
The size of Mandalay is approximately 2.5 square kilometres. It has 5 parks covering nearly 11.2% of total area. The population of Mandalay in 2011 was 304 people. By 2016 the population was 329 showing a population growth of 8.2% in the area during that time. The predominant age group in Mandalay is 40-49 years. Households in Mandalay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mandalay work in a trades occupation. In 2011, 60% of the homes in Mandalay were owner-occupied compared with 54.2% in 2016.
Mandalay has 210 properties. Over the last 5 years, Houses in Mandalay have seen a 83.53% increase in median value, while Units have seen a 108.95% increase. As at 31 October 2024:
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