Sand Mine - $8000000

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The subject property is part of the Meridan Plains Sand Resource identified by the Queensland Government as the largest sand resource in Queensland comprising an estimated 101,000,000 tonnes of building quality sand. The property being offered for sale covers approximately 30% of this newly discovered resource and in 2004, the sand on this property alone was estimated to be worth in excess of $300,000,000 (three hundred million dollars) in wholesale value terms. Considered estimates show that this property alone has the potential to supply the entire Sunshine Coast for building quality sand for the next 60 years. Honey Farm Rd, (formerly Sattler Rd), Caloundra is situated on the opposite side of Caloundra Rd, to Corbould Park Racetrack. The subject property is made up of 3 separate titles and forms an irregular shape. The Western boundary is approximately 2.3 klms East of the Bruce Highway along Caloundra Rd, (As the crow flies) and is 2.1 klms wide at its widest point - East-West. From north to south at its widest, the property is approximately 2klms and extends to the northernmost boundary which terminates at the Mooloolah River. There is a current license in place to extract the sand and pay the owner royalties, indexed to CPI with market reviews each 5 years making this a very attractive long term passive investment. Property Address: Honey Farm Rd (Formerly Sattler Rd), Caloundra RPD: Lot 8 on SP 115552, Lot 11 on RP 910435, Lot 2 on RP 226627 Land Area: 211.946 Hectares Price: $16,000,000 Plus GST If Applicable Contact: Robert Webber 0412 713 457 Greg Hobbins 0421 990 692

Was for Sale

Place: Honey Farm Road, LITTLE MOUNTAIN, QLD, Australia, 4551 Average Price in LITTLE MOUNTAIN ...