One Bright Point | Magnetic Island | Townsville Investment Property
1 Bright Point offers a secluded sanctuary, set amongst superbly landscaped grounds, in one of the most spectacular locations in the South Pacific.
124 exclusive one, two and three bedroom, architecturally designed, beach house style apartments will sit right on the waterfront of the Coral Sea – offering a breath of fresh air in the heart of paradise.
1 Bright Point is ideally located next to Magnetic Island’s brand new harbour and state of the art ferry terminal, which will feature:
A spectacular marina
Shopping precinct
Restaurants
Yacht club
Dive facilities
Why Invest in One Bright Point?
Fact 1: Magnetic Island is emerging as a major tourist destination with almost half a billion dollars being invested into the area’s growth, including a range of new retail, restaurants, coffee shops and activities.
Fact 2: Magnetic Island is freehold title, which is unique for an island located within the World Heritage listed, Great Barrier Reef Marine Park.
Fact 3: Demand for luxury waterfront units in the Greater Townsville area is expanding rapidly due to population growth and tight restrictions on waterfront development. The average annual change in population for 2005–2006 was 2.7%, compared to the state average of 2.2%. Median prices increased 13.2% for established units during the year ending December 2006 and the prospects for continued median price growth remain strong. PRDnationwide, Greater Townsville Property Report, May 07
Fact 4: Townsville is the largest tropical city in Australia and business capital of North Queensland. It’s emerged as one of the most dynamic and liveable cities in the country and is the regional hub for a diverse range of industries, including manufacturing, government administration and defense, mining, construction,
retail, transport, health, property, tourism and agriculture.
FACT 5: There are 98 flights into Townsville on a weekly basis, with a total of 14,324 seats. Coupled with the fast 20-minute ferry ride, One Bright Point is highly accessible from anywhere in Australia.
Ten more reasons to consider investing in One Bright Point:
1. Magnetic Island is the only freehold title island in the whole of the Great Barrier Reef where you actually own your piece of land
2. 91% of Magnetic Island is designated National Parks & Wildlife, meaning scarcity of land able to be built on will continue to drive up prices
3. The price per square metre is far less than other Australian Eastern Seaboard absolute oceanfront properties
4. There are 23 public swimming beaches on Magnetic Island
5. Magnetic Island is a 15-17 minute high speed ferry ride from Townsville, which is the largest tropical city in Australia and the business capital of North QLD
6. Magnetic Island was voted in the Top 10 of Property Hot Spots for 2009 by a leading property industry expert
7. The median apartment prices on Magnetic Island increased by over 33% over the past 5 years
8. There are just on 100 flights into Townsville each week from all over Australia, enabling 1.5 Million passengers access to North QLD
9. Townsville has one of the fastest population growths in Australia at 2.2% per annum
10. One Bright Point is a completed product that is ready to settle right now !!!
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