Mariner's Peninsula, QLD

Mariner's Peninsula
MARINER'S DRIVE, NORTH WARD,
TOWNSVILLE, QLD

DESCRIPTION

Mirvac purchased the Mariner's Peninsula in 2006. The site is located on 'The Strand' in Townsville and enjoys 270○ views across the adjacent marina and Cleveland Bay.

SUMMARY INFORMATION – 31 December 2011 
IN PROGRESS 
ACQUISITION DATEJun 06
LOCATIONTownsville
PROJECT VALUE (INCL. GST)$27m
TOTAL LOTS19
PROJECT PERIODend 2007 – end 2013
OWNERSHIP STRUCTURE100% Mirvac Limited

UPDATE

The Point Apartments and The Point Land Lots were released off the plan in October 2010. The Point Land Lots are scheduled to begin settling in February 2012, whilst presales continue in The Point Apartments.