For sale elevated land of 50 acres with views overlooking Trinity Inlet and the city of Cairns, Australia, the gateway to the Great Barrier Reef and its international tourist destination, is one of the fastest growth rate centers in US -friendly Australia, which was the first nation to give unequivocal support for the USA in its anti-terrorism campaign. Australia is recognised as having the most stable economy in the Sout East Asian region, and is not in recession.Land comprises rich red soil being phased out of sugar cane production, by elderly owner. This is a unique opportunity to come in on the ground floor for this valuable Land Bank. It is situated on a bitumen road approximately 15 miles south of Cairns with electricity, town water, school bus and a nationally awarded shopping centre within three miles. Cairns City COuncil recently approved the False Cape development project down the road from this location, comprising a central international resort hotel, an internatio! ns boutique hotel and sixth waterfront house and land packages, and ninety hillside house and land packages, and a commercial land site. Future developments will include a harbor and a 150 berth marina complex. Another factor which will bear on land prices is the Queensland government's decision to buy the East Trinity area adjoining False Cape. The property now offered by the owner part of a farming estate owned by this one family for 120 years will be enhanced by this development as land prices in the vicinity will obviously strengthen as these developments proceed.

Email:

hmorton@tpg.com.au