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Blue Ribbon Beachfront Investment - D.A. Approval 8 Store...

432 Esplanade, TORQUAY QLD, 4655

For Sale

Property for Sale in 432 Esplanade, TORQUAY QLD, 4655

Burgess Rawson (QLD) Pty Ltd

Level 24, 324 Queen Street, Brisbane, QLD 4000

Listing ID:
11369504
Status:
Active
For:
Sale
Price:
Price on Request
Last Updated:
20/03/2020
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Property Type

Retail/Land/Development
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Land Area

4133 SQM
Icon size

Floor Area

1045 SQM
Icon parking

Parking

N/A

Blue Ribbon Beachfront Investment - D.A. Approval 8 Storey Mixed Development

Massive 4,133 sqm corner site (Fraser Street) with 3 street frontages
Currently 9 well established retail shops including restaurants, café, barber shop, menswear and others
Situated in the heart of the Hervey Bay tourism precinct.
Renewed approval for 8 storey signature development comprising ground floor retails shops, 36 apartments and 105 hotel/motel suites
Hervey Bay is located a comfortable three and a half hours drive or a 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
Fabulous opportunity to hold & develop later with current approval to 2022 or development ready now
Net Income $171,121 p.a. (plus GST) (fully leased)

For sale via 'Offers to Purchase'

For more details, please email agent

Burgess Rawson (QLD) Pty Ltd

Level 24, 324 Queen Street, Brisbane, QLD 4000


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