A 36.04ha site that the developer says has verbal approval for 140 mixed-use manufactured homes, including retirement use, is for sale for $1.85 million.
Ray Pedersen who owns the site in Regency Downs, in the Lockyer Valley, 77km west of Brisbane CBD, said original plans to sub-divide the site had to be abandoned due to the need for ecological protection of a parcel of the land.
“We have come to an agreement with the Local Council and State Government that the site can be developed if we preserve the koala habitat. We have approval agreed for 140 mixed use manufactured two-, three-, and four-bedroom homes on the site,” he said.
“It can be an eco-village, retirement village or holiday resort.”
Mr Pedersen has owned the site for “at least 20 years” and said it had been a caravan park.
“There is a house but it has been badly vandalised and is inhabitable. There is a swimming pool and tennis courts. The bones are all there.”