Grant Smith , of Century 21 Grant Smith Property at Buderim, says the owners of 204 Jimmys Rock Road, Whitsundays, are in the trading business and are prepared to consider a swap involving some big boys’ toys if it could push a deal over the line.
“The owner is obviously happy with cash or a standard contract, but he’s suggested that he would consider a partial trade or swap involving machinery, classic cars, planes or helicopters,” says Smith.
204 Jimmys Rock Road, Whitsundays QLD 4802
“He’s traded many things in the past, and it’s just another option. So, we’re not only accepting cash, but potentially a component of a swap. This could be a great opportunity to turn your toys and equipment into real estate.”
By way of comparison, a single-engine 2005 Piper Malibu Meridian was recently advertised for sale in Australia on planesales.com.au for $1.25 million while a 2010 Robinson Raven helicopter was being offered for $650,000.
Smith says it’s the first property he’s marketed where an owner is open to an asset swap rather than a clean cash contract.
He says the owner is looking at a deal with a total value of around $3 million.
He says many inquiries about the property have come from farmers out west looking to retire or establish a holiday home.
“These people are seeking privacy and seclusion,” he says.
He added that some farmers, particularly those with large amounts of land, may be open to a trade if they already have helicopters or planes as part of their operations.
“Our owner has also previously had large cattle stations, and they’ve had planes and helicopters,” says Smith.
“The buyer could be someone who isn’t necessarily strapped for cash but is open to the idea [of a swap] and has equipment or other assets.
“There have been a couple of prospective buyers who say they’re not quite in a position because they’ve got this or that to sell.”
Smith says the property, which includes a five-bedroom home, helipad, swimming pool and spa, offers seclusion in one of the region’s most picturesque spots.
“There’s just nothing else like it along the eastern seaboard where you can get that ultimate seclusion,” he says. “And you’re only about 25 minutes from Proserpine and less than an hour from Mackay.”
The property, which includes three titles, is positioned on a private peninsula overlooking the Pacific Ocean.
“These are the only residential allotments on the whole of Jimmys Rock Road, and they’re all held by the one owner,” he says.
“The house sits approximately on the middle block, and then the helipad and oceanfront yard are essentially a blank canvas at the front.
“The owner is open to potentially selling off parcels or ultimately selling the whole lot together,”
He says the only other infrastructure on Jimmy’s Rock Road is the boat ramp, which had been upgraded by the local council in the last couple of years.
“The property is at the very end of Jimmy’s Rock Road, and it is surrounded by Crown land,” Smith says. “The closest neighbours are about two kilometres away.
“The home itself is spacious, with town water services. The open-plan living, dining, and lounge overlook a full-length ocean-facing deck with a barbecue area and spa.”
Glen Norris is an experienced journalist and editor with a career spanning four decades across Asia, Australia and Europe. His roles have included stints at Bloomberg News and Asian Wall Street Journal.
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