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322 Esplanade, Scarness, QLD, 4655

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322 Esplanade, Scarness, QLD, 4655

Scarness

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322 Esplanade, Scarness, QLD, 4655

Scarness

322 Esplanade, Scarness, QLD, 4655

322 Esplanade, Scarness, QLD, 4655

Properties / Buy / Queensland / Scarness
Tenanted Investment
Selling Method
Auction
Selling Details
Auction, Wednesday 4 March at 11am | In Rooms
Land Area
1,214 m² (*approx)
Floor Area
762 m² (*approx)
Property Type
Retail, Other, Health/Medical
Sub-type
Strip Retail, Mixed Use, Block of Units / Flats
Est. Income
$12,000,000 p/a
Fully Leased
Medical, Restaurant, Residential, Storag
Zone
High Density Residential (Precinct HDR1 - Tourism Node)
Car Spaces
9
Show All
Mixed-Use Investment | Multiple Income Streams - Hervey Bay
  • Total Gross Income: $137,100 p.a. approx
  • Diverse Income Stream
  • Prime Esplanade Waterfront Position

Auction, Wednesday 4 March at 11am

In Rooms at 43 Nariel Street, Albion

Key Bullet Points

___________________

• Multiple income streams

• Retail + Residential + Storage Tenants

• Two established retail tenancies

• Includes Expansive Four-bedroom residential apartment

• Vacant storage income upside

• For sale via Public Auction 4th March 2026.

• Gross income: $137,106.62 p.a.

• No Body Corporate Fees (Freehold investment)

Description

_____________________

We take pleasure in presenting a present a high-quality mixed-use freehold investment offering multiple income streams and clear upside, positioned along the tightly held Scarness Esplanade.

The property comprises established ground-floor retail tenancies complemented by a well-appointed first-floor residential apartment, generating a combined gross income of $137,106.62 per annum. The diversified tenant profile provides immediate income security while reducing vacancy risk.

Further upside exists through the leasing of currently vacant storage areas, presenting a clear opportunity to enhance returns with minimal capital expenditure.

The owner has undertaken extensive maintenance works in preparation for sale, ensuring the asset is presented in strong condition for incoming investors. The property is being offered via public auction, with the vendor committed to selling due to an overseas relocation.

To assist buyer due diligence, the vendor has already provided:

• An Auction Contract of Sale

• A Detailed Pest and Building Report (available upon request)

• A comprehensive due diligence information pack

This is a rare opportunity to acquire a sale-ready mixed-use investment with diversified income, immediate rental uplift potential, and a motivated vendor.

For further details and inspection arrangements, please don't hesitate to make contact with Stephen, Elliot or Jacob.

Auction Details

_____________________

Date: 4th March

Time: 11.00 am

Location: Ray White Metro North, 43 Nariel Street Albion

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

322 Esplanade Investment Summary

Property Type
Retail, Other, Health/Medical
Sub-type
Strip Retail, Mixed Use, Block of Units / Flats
Est. Income
$12,000,000 p/a
Number Of Tenants
4
Tenant
Medical, Restaurant, Residential, Storag
Land Area
1,214 m² (*approx)
Floor Area
762 m² (*approx)
Zone
High Density Residential (Precinct HDR1 - Tourism Node)
Car Spaces
9
Selling Method
Auction
Auction Date
4 Mar 2026 11:00AM
Selling Details
Auction, Wednesday 4 March at 11am | In Rooms

Investment Highlights

Mixed-Use Investment | Multiple Income Streams - Hervey Bay
  • Total Gross Income: $137,100 p.a. approx
  • Diverse Income Stream
  • Prime Esplanade Waterfront Position

Auction, Wednesday 4 March at 11am

In Rooms at 43 Nariel Street, Albion

Key Bullet Points

___________________

• Multiple income streams

• Retail + Residential + Storage Tenants

• Two established retail tenancies

• Includes Expansive Four-bedroom residential apartment

• Vacant storage income upside

• For sale via Public Auction 4th March 2026.

• Gross income: $137,106.62 p.a.

• No Body Corporate Fees (Freehold investment)

Description

_____________________

We take pleasure in presenting a present a high-quality mixed-use freehold investment offering multiple income streams and clear upside, positioned along the tightly held Scarness Esplanade.

The property comprises established ground-floor retail tenancies complemented by a well-appointed first-floor residential apartment, generating a combined gross income of $137,106.62 per annum. The diversified tenant profile provides immediate income security while reducing vacancy risk.

Further upside exists through the leasing of currently vacant storage areas, presenting a clear opportunity to enhance returns with minimal capital expenditure.

The owner has undertaken extensive maintenance works in preparation for sale, ensuring the asset is presented in strong condition for incoming investors. The property is being offered via public auction, with the vendor committed to selling due to an overseas relocation.

To assist buyer due diligence, the vendor has already provided:

• An Auction Contract of Sale

• A Detailed Pest and Building Report (available upon request)

• A comprehensive due diligence information pack

This is a rare opportunity to acquire a sale-ready mixed-use investment with diversified income, immediate rental uplift potential, and a motivated vendor.

For further details and inspection arrangements, please don't hesitate to make contact with Stephen, Elliot or Jacob.

Auction Details

_____________________

Date: 4th March

Time: 11.00 am

Location: Ray White Metro North, 43 Nariel Street Albion

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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