Melbourne, 28 May 2014-A tourism development opportunity located just moments from the world famous Great Ocean Road is exclusively for sale through CBRE.
Lot 2, 172 Booringa Road in Princetown is just 800 metres from the 12 Apostles and features 80 hectares of prime development land with water views.
The site is zoned ‘Rural Activity’ - providing potential for tourist accommodation (subject to council approval) and current concept plans are for a function centre and 10 villas.
Joseph Du Rieu and Scott Callow from CBRE are marketing the property on behalf of the current owner, Mr Daryl Salmon.
Mr Du Rieu said the site’s location directly to the rear of the 12 Apostles kiosk, car park and helicopter tour company was bound to be a major draw card for potential purchasers.
“This is a great opportunity to acquire a parcel of land close to a major tourist attraction and the west-facing site provides picturesque ocean views at sunset,” said Mr Du Rieu.
For sale via an Expressions of Interest campaign closing 19th June 2014 at 2pm. For more information contact Joseph Du Rieu on 0408 892 976 or Scott Callow on 0418 153 606.
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website atwww.cbre.com.au.