131 Shingley Drive, Cannonvale, QLD, 4802

A generational opportunity is now presented to the market-arguably the finest development site in Airlie Beach, commanding an irreplaceable north-facing position overlooking Coral Sea Marina and the Coral Sea beyond. Held in single ownership for over 14 years, this landmark holding represents one of the last remaining large-scale development sites within the tightly held Airlie Beach foreshore precinct. Approved, Flexible & Primed for Scale The property benefits from an existing Development Approval for a 10-lot subdivision, providing immediate development certainty and the ability to deliver an exclusive residential enclave. Importantly, the site has previously held approval for a 120-key apartment/hotel resort with associated commercial uses, and there is now a well-advanced pathway to re-lodge a Development Application for an approximately 160-room, five-star hotel resort, incorporating food & beverage offerings, function facilities, and resort-style amenities (STCA). This creates a compelling opportunity for developers and hotel groups to unlock significant uplift-leveraging the site's scale, orientation, and prime tourism positioning. Key Investment Highlights • Approved 10-lot subdivision - immediate development certainty • Significant repositioning upside - potential ~160-room five-star hotel (STCA) • Irreplaceable north-facing waterfront aspect with expansive Coral Sea views • Direct connectivity to Shingley Beach, Coral Sea Marina & boardwalks • Walking distance to Airlie Beach retail, dining & tourism hub • Tightly held asset - first time offered in over 14 years • One of the final development sites of this scale within the foreshore precinct • A Rare Dual-Strategy Opportunity This offering provides genuine flexibility-allowing investors to pursue a premium residential subdivision with near-term delivery, or capitalise on the region's accelerating tourism demand through a landmark hotel or resort development. With the Whitsundays continuing to strengthen as a globally recognised tourism destination, the site is uniquely positioned to support a flagship five-star asset in a supply-constrained luxury accommodation market. EOI submissions are invited from developers, hotel operators, and strategic investors seeking to secure a trophy waterfront development site offering both immediate certainty and long-term upside. Opportunities of this scale, position, and flexibility within Airlie Beach are exceptionally rare and unlikely to be repeated.