Lot 2 Bruce Highway, Murrigal QLD 4854

Large rural acreage | Highway frontage access | Vacant land for building | Low turnover neighbourhood | Proximity to coastal towns This property presents a rare, large-scale housesite with direct highway access, offering immediate build potential in a stable, long-held rural locale. Its considerable 4.19-hectare size is uncommon for the area and provides significant space and freedom, best serving a buyer seeking a weekend retreat or a permanent rural residence within a manageable commute to Tully and Mission Beach. The complete absence of existing structures allows for a custom build without compromise. The primary risk is market validation, given the limited recent sales activity in the immediate area and the property’s substantial price increase since its last transaction. Highway exposure guarantees access but may introduce noise, affecting tranquility and future resale to a specific buyer pool. Acquire this property with a long-term hold strategy, leveraging its size for a private dwelling, as speculative short-term gains are unlikely in this low-demand market. Recent sales data provides essential context for the listed price. Lot 2 Bruce Highway sold for $30,000 in May 2023, while a combined 16.84-hectare parcel including this lot sold later that same month. Another local sale reached $90,000. This history suggests the current $65,000 asking price seeks to capture a premium for the subdivided, ready-to-build parcel. Buyers should note the price has more than doubled in a year, demanding scrutiny of the value added by the subdivision process alone.