Mining executives and Asian investors set to lead the race for rare Fraser Coast property

Media release - 21^st February, 2014

45 hectares of rare waterfront real estate with development potential

• Stately Queenslander home at Woodgate set to go to auction on 8 March
• The 1,000 sqm home is the centre-piece of a 45-hectare waterfront property
• Investors, developers, mining executives and retirees are set to lead the charge for the right to own the rare property

A rare slice of pristine waterfront real estate at Woodgate near Queensland’s magnificent Fraser Coast will go to auction on 8 March, according to selling agent Henry Rzeszewski, Principal, Raine & Horne Bundaberg.

“This superb property at 52 Frizzells Road, Woodgate comes with a stately 1,000 sqm four bedroom Queenslander and 45 hectares of rare waterfront real estate, which has development potential,” said Mr Rzeszewski, who confirmed the property attracted over 1,000 unique online visitors within two days of hitting the internet.

“There is no other large acreage which is zoned residential and has the potential for development, this close to the ocean in the Woodgate area. Most of Woodgate is surrounded by national parks that add to the beauty of the area and also give this property a unique position in the market.”

The property’s proximity to the burgeoning mining sector surrounding Bundaberg is also attracting interest from senior mining executives.

“The nearby Maryborough Basin is rich in iron ore, coal and other minerals, and Gina Rinehart’s International Coal has increased its possible future operation north of Bundaberg, while Clive Palmer is seeking to take major exploration permits to the south of Bundaberg,” said Mr Rzeszewski.

“At the same time, the $5 million Significant Investor Visa is making it possible for Chinese-based investors to have a crack at this valuable property.

“Developers are also looking at the property in anticipation that the mining sector will bring a lot of people to Bundaberg and the Fraser Coast, while cashed-up retirees seeking solitude have also expressed interest in the property.”

According to Mr Rzeszewski, the vendors of the property will accept all offers prior to auction and inspections will be strictly made by appointment – while registered bidders can inspect the property prior to, or on the day of the auction.

“If you want a secure lifestyle investment with the distinct possibility of generating a future income in one of the up-and-coming boom areas of Queensland, then this is a must-see,” Mr Rzeszewski said.

“The only way to describe the home, built by a highly awarded local builder, is magnificent. The attention to detail is evident throughout, from the spotted gum timber floors to the custom-made New Guinea Rosewood used on the shutters that enhance the grandeur of this Queenslander.”

The top floor is designed to capture wonderful coastal breezes, according to Mr Rzeszewski, who says the property’s ocean views are breathtaking.

Other features include a fully-operational kitchen with walk-in pantry, granite bench tops and double butler sink.

“There is a combined living /dining area along with another large room that would have a multitude of uses, including as a games room, a study, or for formal living purposes,” said Mr Rzeszewski.

“The spacious master bedroom is also on this level and features an ensuite with separate twin vanities, walk-in shower and claw foot bath. It opens onto the verandas that have incredible water views.”

The ground floor offers three bedrooms, one with its own ensuite plus another bathroom which services the additional bedrooms.

“There is a laundry and kitchenette, as well as a gym area which can be easily converted to an extra bedroom. It’s just a short stroll outside to the amazing resort-style pool,” said Mr Rzeszewski.

“This home has so many features, from a mix of ducted and split system air-conditioning, to irrigation for pumping water from the dam – the list goes on.”

To view the property, visit https://www.raineandhorne.com.au/properties/316611, or to request the full information pack, please contact Henry Rzeszewski, Principal, Raine & Horne Bundaberg on 07 4151 1166 or 0403 713 565 or by email to [email protected].

–ENDS–

For further media information contact:

Henry Rzeszewski, Principal, Raine & Horne Bundaberg on 0403 713 565

Andrew Harrington, National Marketing & Communications Coordinator on 02 9258 5400