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2019-04-09 Planning & Environment Committee Agenda

of 90

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PLANNING & ENVIRONMENT COMMITTEE MEETING AGENDA   9 APRIL 2019




                                                  Page 88 of 90

PLANNING & ENVIRONMENT COMMITTEE MEETING AGENDA                                        9 APRIL 2019

                                              -8-

 COMMENTS               The subject property comprises a 51.51 Hectare parcel of heavily timbered low
                         lying flood prone land within 600 metres of the Boreen Point Village and Lake
                        Cootharaba in the Noosa Hinterland. In our opinion in the current market
                        conditions and having regard to limited recent recorded sales evidence of similar
                        size parcels of land and the subject topography we consider a range of
                        $400,000 to $450,000 indicative.

  VALUATION             WE VALUE 1675 LOUIS BAZZO DRIVE, BOREEN POINT QLD 4565 AS
                         FOLLOWS

                                               $425,000 ($8,247/ha)

                          (FOUR HUNDRED AND TWENTY FIVE THOUSAND DOLLARS)

                          laa
                                 a        i

                        Warren Walker AAPI
                        Certified Practising Valuer/Registration No.1828.

                                                                                 Our Ref: 19-08

                                                                                       Page 88 of 90
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