RECEIVER EOI

Live your beach-life dream! A rare chance to acquire this most valuable high-density, long-term investment property in Pialba, with potential to earn high gross income.Your future is assured with the special high-density zoning which allows as of right 8 stories to be built on this prime site. Located in this sought-after high growth tourism location, at Queensland’s gateway to World Heritage listed, Fraser Island (K’gari).

Development Opportunity
• 2,613m2 or 3,771m2 combined Development Site
• Zoned Mixed Use Core High Density Precinct
• Council strongly supports up to 16 storey DA plus with concessions
• High demand for 3 - 4 star accommodation
• Up to 3 titles, 2 street & Park frontage
• North facing, elevated flood free position, opposite beach
• Construction of $107 million Council Chambers & Library underway
• Second highest Regional growth area in Queensland
• Apposite Beach, short walk Stocklands Shopping Center and SC University

Guesthouse Income:
• 25 Room backpackers with managers quarters
• High gross income potential
• Commercial kitchen included
• Classic period Building with Heritage features
• Vacant possession

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 and 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.
Being sold vacant possession.

Please contact Cleo Conrad to receive for information package.