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166-170 Main Street, Proserpine, QLD 4800

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166-170 Main Street, Proserpine, QLD 4800

Proserpine

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Sold Check
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166-170 Main Street, Proserpine, QLD 4800

Proserpine

SOLD
166-170 Main Street, Proserpine, QLD 4800

166-170 Main Street, Proserpine, QLD 4800

Properties / Sold / Queensland / Proserpine
Development Potential
Property Type
Commercial
Land Area
3,030 m² (*approx)
Selling Method
Private Sale: For Sale
Show All
AVAILABLE NOW - FOR PURCHASE OR LEASE

POSITION - POSITION - POSITION!!

Located on the southern entry to the popular, and internationally recognised, Whitsunday Region this aggregation offers a 'One of a Kind' Commercial Opportunity. With a 60m Bruce Hwy frontage, the sites boast an enviable position that provides maximum exposure with over 12,193 cars passing each day, to benefit existing tenancies and the development of others into the future.

Circumstances have changed for the existing Commercial tenants, so this rare opportunity now allows the option to owner occupy or to purchase as an investment. In its current form, it comprises 3 titles over some 3,036sqm. When benefiting from both the Development and Preliminary Approvals over the aggregation the number of Titles will be reduced to two:

- DA over existing Brick Veneer home and vacant lot = 1 lot

- PA over the Timber Cottage = 1 lot

The investment is secured by the two residential homes that are currently tenanted with a combined rent of $1,000 per week ($52,000p/a). This provides the savvy investor an income of approx. $12,297 per month.

North Queensland, and in particular Proserpine/Whitsunday Region, is experiencing significant growth in the commercial and residential sectors. It's one of Australia's most sought after lifestyle locations and with continued population growth, it's primed to prosper from development opportunities.

Remember to mention you found this property on DevelopmentReady

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Development Potential

166-170 Main Street Development Site Summary

Property Type
Commercial
Land Area
3,030 m² (*approx)
Selling method
Private Sale: For Sale

Development Site Highlights

AVAILABLE NOW - FOR PURCHASE OR LEASE

POSITION - POSITION - POSITION!!

Located on the southern entry to the popular, and internationally recognised, Whitsunday Region this aggregation offers a 'One of a Kind' Commercial Opportunity. With a 60m Bruce Hwy frontage, the sites boast an enviable position that provides maximum exposure with over 12,193 cars passing each day, to benefit existing tenancies and the development of others into the future.

Circumstances have changed for the existing Commercial tenants, so this rare opportunity now allows the option to owner occupy or to purchase as an investment. In its current form, it comprises 3 titles over some 3,036sqm. When benefiting from both the Development and Preliminary Approvals over the aggregation the number of Titles will be reduced to two:

- DA over existing Brick Veneer home and vacant lot = 1 lot

- PA over the Timber Cottage = 1 lot

The investment is secured by the two residential homes that are currently tenanted with a combined rent of $1,000 per week ($52,000p/a). This provides the savvy investor an income of approx. $12,297 per month.

North Queensland, and in particular Proserpine/Whitsunday Region, is experiencing significant growth in the commercial and residential sectors. It's one of Australia's most sought after lifestyle locations and with continued population growth, it's primed to prosper from development opportunities.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Property Location of 166-170 Main Street, Proserpine, QLD 4800

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Site Report Available

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Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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166-170 Main Street, Proserpine, QLD 4800 Proserpine
Taylors Property Specialists
Taylors Property Specialists
Suite 21, 228 Shute Harbour Road, Cannonvale, QLD, 4802