Sold

577 Esplanade,
Urangan 4655, Queensland

12 car spaces
1,151m² land size
653m² building size
Retail

$3,413,000


Property details

Rare Beach Front Commercial Property With Excellent Exposure - OWNER MOTIVATED TO SELL

Auction | Friday 28th June at 10am, In Rooms at Level 26, 111 Eagle Street, Brisbane

Corner commercial and residential property with great exposure & ocean views in one of the best locations in Hervey Bay offering a fantastic opportunity to purchase a quality commercial building.

577 Esplanade in Urangan offers 4 commercial shops and 5 first level residential units which have been modernized, furnished and overlooks the water whilst being located only metres away to further shopping, cafes, pubs & restaurants.

Hervey Bay is growing at a rapid pace, with many high rise development applications in council. Rental properties are nearly non-existent and the population is growing quickly., This all contributes to a very positive future for the Hervey Bay region.

577 Esplanade features :

• Established corner position on the Esplanade in Urangan
• Zoned high density Residential with potential of redevelopment in the future
•12 parking spots
• Easy walking distance to local shops, cafes, restaurants, parks & pier
• Excellent returns from secure tenancies
• Net Income: $202,000 (Est. July 2024)

Hervey Bay is one of the fastest growing sea side cities in regional Queensland, only 3 hours drive north of Brisbane. With excellent infrastructure in place, such as private & public hospitals, university campus, airport, major shopping centres & an array of restaurants & cafes.


For further information, a copy of the IM or a private viewing please do not hesitate to contact the listing agents today.

Explore the area


School catchments

  • Urangan Point State School Primary Prep-6 Government 0.87km
  • Sandy Strait State School Primary Prep-6 Government 3.3km
  • Torquay State School Primary Prep-6 Government 3.8km
  • Star of the Sea Catholic School Primary Prep-6 Catholic 3.9km
  • Kawungan State School Primary Prep-6 Government 5.6km

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.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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