4-6 Charles Street, Pialba, QLD, 4655

Live your beach-life dream! A rare chance to acquire this most valuable high-density, long-term investment property in Pialba, with potential for $312,000 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

• 3,771m2 CBD 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

• 3 titles, 2 street frontages

• 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:

• Level 1 facility, formerly operated as backpackers

• $312,000 gross income potential

• 27 rooms with commercial kitchen & managers quarters

• Heritage Building with classic period features

• Approximately 96% occupancy with semi-permanent tenants

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.

EOI closing 4pm Thursday 23rd November.

Please contact Cleo Conrad to receive a full information package.

Remember to mention you found this property on CommercialReady