Live your beach front property dreams! A chance to acquire arguably the most valuable high-density, long-term investment property in Pialba with $312,000 gross income in sought-after high growth tourism location, at Queensland’s gateway to World Heritage listed, Fraser Island (K’gari).
Guesthouse
• 3,771m2 North facing, elevated position opposite beach
• Level 1 facility, formerly operated as backpackers
• $312,000 gross income approximate
• 20 rooms with commercial kitchen & managers quarters
• Heritage Building with period features
• Approximately 96% occupancy with semi-permanent tenants
Development Opportunity
• CBD development Site
• Zoned Mixed Use Core High Density Precinct
• Council indicated strong support for up to 16 storey DA with numerous concessions.
• Urgent demand for 3-4 star accommodation.
• 3 titles, 2 street frontages
• Nearby $107 million Council Chambers & Library now underway
• Second highest regional growth area in Queensland at 16%per annum
• Across from the beach, Wetside Water Park, 10-minute walk to UNI Stocklands Shopping.
Hervey bay offers an affordable and relaxed beachside lifestyle. It is a growing coastal city with world class whale watching and gateway to world heritage listed Fraser Island. Just 3 hours drive from Brisbane or easy flight anywhere. Seize the chance to secure this exceptional dress-circle location. Ideal opportunity for an owner operator to manage while retaining the long-term redevelopment potential with a reliable source if holding income enhancing its overall value.
Don’t let this rare opportunity slip through your fingers.
To be sold together or separately.
In room Auction: 11:00am,
28th September 2023, if not sold prior.Please contact Cleo Conrad to receive a full information package or arrange an inspection.
|
