Positioned in a major tourist area of Hervey Bay + zoned high density = the ideal development site!
This Commercial opportunity is currently operating as permanent rentals and has the capacity to extend on the high density zoning potentials. Boasting highly sought-after Esplanade frontage, the position includes sea views, adjacent restaurant and food outlets, a brief stroll to cafes and other retail outlets. Current earnings for the investment are $100k+ pa, and include the following features:
- 1 × 3 bedroom house
- 8 × 2 bedroom self-contained holiday rentals
- 2,689m2 of Prime Land, with Esplanade frontage
- Two-street frontage
Future potential and your development opportunities may also include the following considerations:
- This centrally located site has excellent retail exposure, offering a current real return on investment
- Two-street frontage facilitates high-density development
- Back-street entry maximises sea-views and use of prime location
- Zoned for high-density and Tourism
- Current on-site Zoning allows mixed use of 2,689m2 Commercial/Residential/Retail development
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