One of the Most Significant Landholdings on Cairns Southside to Be Sold

One of Cairns’ most strategically located future development sites has officially been listed for sale, marking a significant moment for the region’s growth pipeline.

Known as the Mann’s Farm on Mill Rd, this 51.66-hectare site is being sold under instructions from the Appointed Trustees.

CBRE’s Cairns Managing Director Danny Betros is the listing agent.

Mr Betros said this is a genuinely rare opportunity, with a site of this scale and proximity to Cairns City simply not coming to market often. “Given the current supply constraints across the region, we expect strong interest from developers who recognise the timing and the fundamentals here.

“Currently considered the most perfectly positioned final “in fill” parcel and closest to the Cairns City, the site offers the opportunity for a master planned residential and commercial estate to cater for the ever-growing Cairns residential population,” he said.

The site was previously designated for the new Edmonton Town Centre which included commercial, retail, health and residential precincts with planned public transport infrastructure throughout with parklands and community space. There was also a parcel allocated for a proposed hospital for the south side which has since been withdrawn.

Mr Betros said that given the current market demand patterns the site is expected to suit low to medium density housing, and infrastructure is currently in place adjacent to the boundaries of the property, thus a developer won’t be waiting for years for extended services to be connected to the site.

“Cairns has a shortage of residential land with limited supply over the next 12 to 18 months, and the extension of the Mount Peter Development zone is still some years away.”

Over the past 10 years development of Coles Sugarworld, fast food giants, commercial and public sporting amenities have all been built within a few minutes from the Mill Road site on Walker Road, and Piccone’s Shopping Precinct is less than 1km away on the Bruce Highway so there is no shortage of support infrastructure already in place.

Expressions of Interest close Friday 10 July at 12:00pm at the office of CBRE Cairns.