Prime Beachfront Investment 3 Adjoining Strategic Properties

  • PRICE:
    3,000,000 AUD
  • ASSET ID:
    852147
  • LOCATION:
    Australia - QLD

LOCATION DETAILS

Torquay, QLD

PREFERRED TRADE

Cash or Trade

KEY FEATURES

4 x Fraser Street Torquay     343 sqm2

435 Esplanade Torquay     1012 sqm2

4 x Cypress St Torquay         754 sqm2

Zoned Hi Rise- Development Potential

4 x Existing Units Rented

3 x Road Frontages

3 x Titles

DESCRIPTION

Absolute prime position directly opposite beachfront reserve

Potential high rise mixed commercial residential development to 6 storeys (STCA)
Uninterrupted ocean views from upper levels
Both properties fall within the ‘High Density Residential Zone
Fully leased complex of 4 apartments and car sales yard
Hervey Bay is located a comfortable three and a half hours drive or 45 minute flight north of Brisbane.
Hervey Bay/Fraser Coast Region: whale watching capital of the world and one of Queensland’s fastest growing areas with forecast population growth of 38% to 144,835 by 2036
Combined Net Income: $56,059 pa + GST

Will consider a house plus cash trade.

 

 

Disclaimer: The information contained herein is obtained from owners and/or relevant and legitimate third-party sources. We have, in preparing this information, used our best endeavours to ensure that the information is true and accurate however, we accept no responsibility, offer no guarantee or warranty and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Interested parties must rely solely on their own inquiries to verify the information contained herein.

Agent

Richard George - Ph: 0414 737 339

Contact Agent