96 CR - Crannys Road, Yeppoon, QLD 4703 Australia
This mansion called 'Magic Hill' is perched on the top of the ridge at Yeppoon in one of the most delightful and tranquil places in Queensland. The vistas that this home offers are second to none. With the full coast views from Rosslyn Bay Harbour to the northern beaches, along to the Byfield Ranges, one would find it hard to replicate this home at 510 s/m of living space on 11.91 hectares of total ridgeline.
The property is currently zoned as Rural B with smaller blocks of approximately 2000 s/m located within this large 29.4 acres piece of tropical paradise. The one kilometer of hot mix driveway provides all weather access to the home. There is also a parking area that would be as large as a council car park. To grace the tranquility of the property is a large free-formed fishpond with many varieties of gold fish and fresh water tropical fish with the most relaxing undercover BBQ area.
The home is totally air-conditioned on two levels with 4 bedrooms, large office and a great kitchen. Outside is an Indonesian style undercover gazebo area. The views from this area are breathtaking and the day we inspected the property there were two large graceful eagles soaring above our heads.
The home is tremendous value considering the amount of valuable land, which has the potential for further subdivision. The future of this area is immeasurable, as it has been noted as the third fastest growing shires in Queensland in the last few years. With these absolute spectacular views that cannot be built out, this home and property that has just been reduced as the vendor is serious about moving on and allowing another owner to enjoy the vistas and take advantage of the potential. The current owner has completed 75% of the subdivision material for 12 prime large sea view blocks (approx. $300K each , do the math).
You have the potential of returning more than your initial investment plus having a majestic mansion and the potential of a further 12 blocks for subdivision subject to council and statutory approvals.
This is one investment based on current trends of rare available property or one heart felt investment for tranquility with lifestyle.
REF 96 CR - PRICE $ 2,461,000
'Magic Hill' is perched on the top of the ridge at Yeppoon
REF 96 CR