SOLD BY RAY WHITE - Prime Airlie Beach Main Street Position

PRICE REDUCTION NOW $ 2,650,000 (GOING CONCERN)

Located on the highly sought-after northern or ocean side of Airlie Beach's lively main street, 259 Shute Harbour Road is a rare gem. Properties in this prime location are rarely available on the market, and fully tenanted, making this an exceptional opportunity to secure a highly coveted piece of real estate.

This property offers three main street shops, an upstairs bar/lounge/office and a one-bedroom apartment. At the rear of the property (ocean side) there are three lock-up garages with access via a road easement and rear access to shops. Recent maintenance works include extensive roofing and general maintenance works, including installation of a new power board, and features one large grease trap, hooked up to the (3) three main street shops and upstairs bar.

The tenants are popular well managed and established businesses who pay their rent on time when due.

Total net Income received is $ 183,731 plus GST. Tenants pay all outgoings.

Development Approval has been obtained to build two residential units above the garages at the rear of the building. When built, these units would have an unobstructed view straight over Airlie Beach lagoon and out onto the uniquely turquoise Coral Sea.

With its high visibility and central location, this property enjoys excellent foot traffic and exposure, making it an ideal location for a range of businesses.

The building itself is well-maintained, offering spacious and functional commercial spaces that are perfect for a variety of uses.

Ideally situated in the heart of Airlie Beach, one of the most popular tourist destinations in Australia. With its breathtaking natural beauty and world-class attractions, the Whitsundays attract millions of visitors every year, making it an ideal location for any business looking to capitalise on this thriving market.

Further details and Information Memorandum is available upon request.

Contact Brett Dwyer on 0447 583 759 for more information on this great investment opportunity.

Explore the area

School catchments

Cannonvale State School Primary Prep-6 Government 1.9km
Whitsunday Christian College Combined Prep-12 Independent 4.9km
St Catherine's Catholic College The Whitsundays Combined Prep-12 Catholic 20.6km
Proserpine State High School Secondary 7-12 Government 20.9km
Proserpine State School Primary Prep-6 Government 21.0km
Hamilton Island State School Primary Prep-6 Government 26.1km
Hayman Island State School Primary Prep-6 Government 28.9km
Bloomsbury State School Primary Prep-6 Government 50.0km
Townsville Flexible School - Bowen Campus Secondary Catholic 56.7km
Bowen State School Primary Prep-6 Government 57.1km
St Mary's Catholic School Primary Prep-6 Catholic 57.1km
Bowen State High School Secondary 7-12 Government 58.4km
Queens Beach State School Primary Prep-6 Government 60.5km
Merinda State School Primary Prep-6 Government 63.9km
Pindi Pindi State School Primary Prep-6 Government 67.0km
Calen District State College Combined Prep-12 Government 70.4km
Seaforth State School Primary Prep-6 Government 77.0km
Hampden State School Primary Prep-6 Government 90.9km
Collinsville State High School Secondary 7-12 Government 97.1km
Mirani State High School Secondary 7-12 Government 100.1km
Mackay Northern Beaches State High School Secondary 7-12 Government 100.2km
Carlisle Adventist College Combined Prep-12 Independent 103.7km
Pioneer State High School Secondary 7-12 Government 104.0km
Whitsunday Anglican School Combined Prep-12 Independent 104.1km
Holy Spirit College Secondary 7-12 Catholic 104.3km
Mackay North State High School Secondary 7-12 Government 105.6km
Mackay Christian College Combined Prep-12 Independent 105.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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