23 Altmann Avenue, Cannonvale QLD 4802

Offered for sale for the first time in over 20 years, this 6,242m² parcel of land represents an exceptional opportunity for developers in one of Australia's most sought-after and high-demand regions-the Whitsundays.

Commanding stunning Coral Sea views from every level, this elevated site offers mostly flat land, already zoned "Low-Medium Density" with a 12-meter height allowance. The location is perfectly positioned to maximize the breath taking views and is primed for a wide range of development opportunities. Whether you envision a residential subdivision, a multi-unit complex, or short-term accommodation, the possibilities are vast. With up to three storeys permitted, this site is ideal for creating a high-value development in a rapidly growing market.

The Whitsundays is experiencing unprecedented demand for both residential and holiday accommodation, driven by record-breaking tourism numbers and southern migration. The region has seen a remarkable surge in population and visitors, making it one of the most popular destinations in Australia for both domestic and international tourists.
In response to this demand, there has been a shortfall in available new units with no new unit developments built in the area for over 15 years, and currently, there are no new unit projects underway. This provides a unique opportunity for developers to meet the growing demand for high-quality residential or short-term accommodation in the heart of the Whitsundays.

Ideally situated in the highly coveted foreshore precinct, the property is just a short walk from the picturesque boardwalk only minutes from Coral Sea Marina and the bustling Airlie Beach, offering unrivalled convenience and access to the area's most popular attractions and amenities.

This rare and prime parcel of land presents an exceptional opportunity to capitalize on the current market demand and the area's unparalleled tourism growth.