$2,000,000

252 Shute Harbour Road, Cannonvale, QLD 4802


SOLD BY RAY WHITE - Development Opportunity With $130K Rental Income

DEVELOPERS TAKE NOTE !!! REASONABLE OFFERS WILL BE CONSIDERED. VENDOR WANTS TO RETIRE

This is a rare opportunity. The land is 1.017 hectares zoned low medium density residential.

The site is gently sloping and includes a commercial building. (Chinese Restaurant that has been in operation for over 15 years).

The property is located on Shute Harbour Road within walking distance of Airlie Beach main street and has sea views. A new Lease term is being offered to suit the buyer from the existing Chinese Restaurant. The current annual rent is $130,000 plus GST Plus Outgoings.

The owner will also consider subdividing the land from the restaurant and sell each individually.

The opportunity to purchase a development site with well established and stable holding income is not something that comes on the market often.

All offers will be considered.

Property Info

Municipality
Cannonvale

NEARBY PROPERTIES

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