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4-6 Charles Street & 58 Watson Street, Pialba, QLD, 4655

2. Property Highlights

The BEST Development Site in the Hervey Bay Region, at almost 3800 sqm with 180 degree uninterrupted water views and up to 16 storeys!!
Zoned as mixed use, this amazing property is prime for a North facing 16 storey development and sits inside the principal centre of Hervey Bay CBD precinct. Council has indicated (in an informal pre-lodgement meeting) strong support for a development application as they are aware of the demand for accommodation in the area. Hence their recent change of building height restrictions to 16 stories, is limited to only a few blocks (including this one). As such they are offering concessions and encouraging development in this area (property owners have concept development plans or create your own vision of a residential mixed development). Next step is to organise a formal pre-lodgement meeting with prospective developer and council (at owners cost). 
Potential to increase size of land to 4600sqm with the additional purchase of 2 Charles St.
An opportunity exists with this property to build a luxury vertical retirement village (with strong demand). With a ground floor commercial consisting potentially of a medical centre, pharmacy, hair dresser, convenience store, and Italian restaurant / café, the opportunity to develop has never been better.
Here are the main features of this iconic property:
  • Zoned Mixed Use Core Precinct
  • 3771 sqm of land
  • 2 street frontage at Charles St and Watson St
  • Prime location being adjacent to Freedom Park, across the road from the beach, playgrounds and Wetside Water Park, 10-minute walk (2 min drive) to two different medical centres, 7-minute walk to Hervey Bay RSL, 6-minute walk to Pialba Shopping Centre including Pharmacies, Major supermarkets (including Big W, Coles and Woolworths), Cafes , restaurants and boutique shopping.
  • Close proximity (within 10 minutes) to Primary School, High School, University of Sunshine Coast, and Hervey Bay Hospital
  • 10.6km or 15 minutes to Hervey Bay Airport
    Hervey bay is a thriving beachside community with retiree’s flocking to the area because of the climate, affordability and relaxed lifestyle it offers. It is a growing coastal city with world class whale watching and gateway to world heritage listed Fraser Island.
Properties like this are a once in a lifetime opportunity, with land this size, the Northerly aspect, uninterrupted water views, proximity to hospitals, schools and shops and councils full support for up to a 16 storey development, you will need to be quick to grab this one!!
Enquire for further information and to arrange an inspection. 
Brent Eaton
0416 265 984

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3. Property Location

4-6 Charles Street & 58 Watson Street, Pialba, QLD, 4655

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4. Due Diligence

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4-6 Charles Street & 58 Watson Street, Pialba, QLD, 4655 Pialba