RARE VACANT ACREAGE WITH HUGE POTENTIAL

Very rare pristine acreage in the Noosa Hinterland. This land has been locked up for nearly 20 years and represents a great opportunity. The vendors are motivated to sell and have priced accordingly, so you will need to act quickly.

This treed block offers ample opportunity to build your hideaway home in the bush just 15, minutes drive from Tewantin and to all the amenities of Noosa.

The land is relatively level and 90% flood free with a frontage to Cooloothin Creek at the rear. The Great Sandy National Park is nearby as is the sailing mecca of Boreen Point on Lake Cootharaba on the Noosa River.

Being larger than 4 hectares, with Rural Zoning, under the Noosa Plan you may be able to build "Nature-based tourism" facilities.

The New Noosa Plan allows development of "tourist accommodation for the appreciation, conservation or interpretation of an area of environmental cultural or heritage value, local ecosystem or natural environment. These include environmentally responsible accommodation facilities such as lodges, cabins, huts and tented camps."

It may be possible to develop 2 guest rooms, cottages, cabins or permanent tents for no more than 8 guests without planning approval. For 8 to 12 guests a code assessment planning application is required, and larger operation such as an eco-lodge would require impact assessment (i.e. subject to council consent).

If you are a first home buyer you may be able to access both:

* The Queensland Government's First Home Owner's Grant of $15,000
* the Queensland Government's First Home Vacant Land (stamp duty) Concession of approximately $2,900.
Access to these government programs is not guaranteed, and you must rely on your own enquiries to assess your eligibility.
Queensland First Home Owners Grant $15,000 grant:

The Queensland First Home Owners' Grant is a state government initiative to help first home owners to get their new first home sooner. A grant is available of $15,000 towards building your new house.

* The Grant is available for Australian citizens or permanent residents over 18 years of age, who have not previously owned property in Australia. There is no means test.
* The grant recipient must move into the new home as principle place of residence within 1 year of the completed transaction and remain resident for 6 months.
* The value of the home including the land must be less than $750,000

First home vacant land concession.

You can claim a first home vacant land concession for transfer duty when acquiring vacant land under $400,000 to build your first home, if you meet certain requirements.
* have never claimed the first home vacant land concession on another project
* have never held an interest in a residence anywhere in Australia or overseas
* be paying market value if the vacant land is valued between $320,001 and $399
* build your first home on the land, move in with your personal belongings and live there on a daily basis within 2 years of settlement
* only build 1 home on the land
* be certain there is no building, or part of a building, on the land when you acquire it
* not dispose (sell, transfer, lease or otherwise grant exclusive possession) of all or part of the property before you move in.
To keep the benefit of the first home vacant land concession in full after you move in, you must not dispose of all or part of the property within 1 year. A partial concession may apply if you dispose within 1 year.

contact

Phillip Blakeney

Phillip Blakeney

07 5474 0700

0490 517 306

5474 0177

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property information

  • Street Address 1179 Louis Bazzo Drive
  • Suburb Cootharaba
  • Postcode 4565
  • Price Offer's Over $359,000
  • Property Type Land for Sale
  • Land Size 4.01 Hectares

Property Features

Nature Property • Quiet Location • 

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