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A new waterfront development with price tags up to $1.2 million is selling fast in Airlie Beach

By Mark Beale

A NEW Airlie Beach waterfront project has drawn attention in the regional market with seven lots selling within days of its release.

The 23 blocks at The Cove, with price tags of up to $1.2 million, are located within the Port of Airlie precinct and face the marina.

Prices start at $445,000 and lots range from 400sq m to 726sq m.

Port of Airlie sales manager Andrew Forster said small waterfront properties were a finite product.

Boathouse Apartment residents and marina berth owners Terry and Zena Glendening are considering further investment. Picture: Cameron Boon.

“When we discuss small, absolute-waterfront allotments, you are not talking about a large amount of product,” Mr Forster said.

“Between Port Douglas and here you will be lucky to find 220 small residential waterfront land allotments.

“The Cove is a very special product.”

Marketing agent Christie Leet from PRDNationwide was pleased with the quick sales, describing the project as “very well priced waterfront land that has never been available before”.

“There are only 46 waterfront lots in the 35km Whitsundays coast radius,” Mr Leet said.

“This includes Airlie Beach, Shute Harbour, Cannonvale and Jubilee Pocket.”

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