1 WALSH CLOSE, Cooktown QLD 4895

This is an incredible opportunity to secure a 4000 m² block with approved development plans for a 4-bedroom, 2-bathroom steel frame home and a 9x9 meter shed. Located just 5 minutes from Cooktown, on the road to the stunning beaches of Quarantine and Weary Bays, the mouth of the Annan River, and the golf course.
The hard work has been done, and the plans have been approved. Once completed, the property has been professionally appraised with a sales value of $520,000 - $550,000 and 10% rental returns. Local professional builders estimate the project completion cost at $100,000, or substantially less for an owner-builder. This is a profitable opportunity for investors or owner-occupiers.
Property Features:
4000 m² Freehold Rural Residential Land
10x9 Meter Steel Shed
Includes cement slab foundation and internal stud walls
4-Bedroom, 2-Bathroom Steel Frame Kit Home
Comes with plans and instructions
Council and engineer-approved plans with Form 15 compliance
Colorbond Roof, External Cladding, and Gutters
Flat Pack Kitchen
Hot Water Unit
Laundry Tub
Assorted Bathroom Fittings
House Pad with galvanized steel and concrete stumps installed
Mains Electricity is connected to the property.
Water Bore installed
Septic System with tank and trenches installed
Plumbing & Electrical Trenches in place
This is a rare chance to complete a ready-to-go project and reap the rewards. Don’t miss out on this profitable opportunity!