Housing estate plan for former luxury resort site
Port Douglas
About 40 new homes will be built on the former $300m luxury Fairmont Resort site on Port Douglas Road if plans submitted to Douglas Shire Council late last month are approved for a new estate called “Sanctuary Greens”.
The vacant block at 71-85 Port Douglas Road, Port Douglas, was recently sold to developers Seymour Land after liquidators acquired the property following a scandal involving the disappearance of millions of dollars in superannuation funds.
The sale took place after former top executive Paul Chiodo was linked to both the Shield Master Fund, where more than 5000 investors have lost an average of about $160,000, and a now-scrapped $300m Port Douglas Fairmont Resort planned for the about 2ha vacant block.
Colliers Cairns - the agent in charge of the land sale - confirmed in September the property was under contract, but was not able to share any more details at that stage.
Plans for about 40 medium-density homes were submitted to the council planning authorities on December 22.
“The proposal represents an orderly and logical subdivision outcome that responds to the site’s physical characteristics, and the local demand for additional residential land supply in close proximity to Port Douglas CBD,” the plans state.
“The subject site is situated within an established urban context, bounded by Port Douglas Road to the east, the Oaks Port Douglas Resort to the south, and the Mirage Country Club to the west and north.”
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