Garslev Holdings Pty Ltd ABN 43 787 718 395 (Garslev) owns freehold title to Lot 201 on SP251139 adjacent to Lindsay Lane, Gardiner Avenue and Waterview Drive, Lammermoor Heights, near Rosslyn Bay Marina and Kemp’s Beach at Yeppoon in SE Queensland. It is less than 1 km from Kemp’s Beach and Rosslyn Bay Marina (about 600 berths for boats), with local restaurants, high rise unit developments and other conventional facilities such as retail centres, schools and acquatic centre, within 5- 10 km. About 10 km north of Yeppoon is a Ridges Resort Complex with restaurants, large pools, two International golf courses and all the usual, associated facilities and services. Lammermoor Heights is a suburb of Yeppoon. It is about 45 minutes drive from Rockhampton, which has major town facilities including a hospital, airport and retail and business district centres.
Most preferred residences can be built on each lot, through nominated or independent builders.

The site includes 30 fully designed, residential sub-divisional lots, nos. 28-47 & 48-61 within an existing subdivisional development approved by Council, with an average size over 800 m2 per lot. About 20 additional separable lots or 60 Unit sites (x3 Towers with penthouses) can be developed on proposed Lot 62. Each lot will be flat, benched with a stepped elevation (to maintain views), with full services and include a minimum building lot envelope of 400 m2. The optimum, combined price per lot and residence construction is circa AUD $600K. Attached is a price list for the land lots. Proposed lot 62 is for sale for AUD 1.5M with full road access and services. The residential market is red hot, with escalating prices.