OFF MARKET

29 Jackson Street
Midge Point QLD 4799

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 566200m2
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Property Details for 29 Jackson St, Midge Point

Building Type
Commercial
Land Size
566200m2
Local Government
Mackay Regional
Lot/Plan
2/SP168711

Last Listing description (April 2022)

Colliers International is pleased to market "Beachside Home and Tourist Village" 29 Jackson Street, Midge Point Q 4799.

This beach frontage property is 15*km off the Bruce Highway, 9*km to the former Laguna Quays Resort and Turtle Point Golf Course, 38*km to Proserpine, 62*km to Airlie Beach and 103*km to Mackay. The 56*Ha site currently comprises 60* unpowered sites, 5 x cabins, manager's residence, reception, amenities facilities, camp kitchen, in-ground pool. The property also has a mango plantation and a dam.

There is a current Development Approval on 16.5*Ha of the beach frontage to expand the existing caravan park and introduce a relocatable home village under the Manufactured Home Park Act (Affordable Housing). The proposal is for 150 x caravan park sites (115 to be powered with slabs), 50 x cabins, 32 x Eco-Tent sites, 5 x big-rig sites and 235 x relocatable homes. The current Approval is valid until August 2022

Key highlights of this exciting investment opportunity include,
56-hectare beachfront site
Going Concern Tourist Park is GST exempt on sale
No locked-in service agreements
No permanent residents
Ideal for investors seeking business visas

*All boundaries indicative only.

Property History for 29 Jackson St, Midge Point, QLD 4799

A timeline of how this property has performed in the market
Last Sold
$1,800,000
28 Oct 2021
  • 28 Oct 2021
    Sold for $1,800,000
  • 18 Jun 2019
    Listed for Sale EXPRESSIONS OF INTEREST
  • 07 Jun 2004
    Sold for $2,200,000

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About Midge Point 4799

The size of Midge Point is approximately 29.9 square kilometres. The population of Midge Point in 2011 was 254 people. By 2016 the population was 436 showing a population growth of 71.7% in the area during that time. The predominant age group in Midge Point is 50-59 years. Households in Midge Point are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Midge Point work in a trades occupation. In 2011, 67.3% of the homes in Midge Point were owner-occupied compared with 79.5% in 2016.

Midge Point has 495 properties. Over the last 5 years, Houses in Midge Point have seen a 59.23% increase in median value, while Units have seen a -51.66% decrease. As at 30 September 2024:

  • The median value for Houses in Midge Point is $378,673 while the median value for Units is $168,945.
  • Houses have a median rent of $270.
There are currently 12 properties listed for sale, and no properties listed for rent in Midge point on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Midge point.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.