Exceptional opportunity on pristine River front!!
With only a small number of blocks along Bradman Avenue offering the combination of Commercial and Residential options, this is a very rare gem. Sitting in a perfect Northerly position you are welcomed with the best weather all year round and pristine panoramic water views due to the sublime position.
Sitting on a standard 506m2 Bradman Avenue block, you are not only buying the riverfront land, but you are also buying two residential units, a commercial tenancy that is currently leased for 5 years and one of the best view lines along Maroochy River.
The Commercial tenancy:
The Commercial tenancy is home to the Flume cafe. This popular business has a large local following. This is the only waterfront food offering along Bradman Avenue in an area that is screaming for dining options.
The Two Unit:
The upstairs three-bedroom unit has picture perfect views and is well desired in the Holiday Letting market for obvious reasons. The unit was previously rented permanently and has been appraised at $650 per week. There is a downstairs two-bedroom unit that is currently rented permanently for $350 per week.
With medium density zoning and the strong demand for owner occupier apartments along the Bradman Avenue strip, this is a great land bank opportunity for anyone that is looking to develop down the track but still wants an income until the time is right.
These opportunities come up once in a lifetime cycle, don’t be the one driving past in 10 year’s time wishing they had of purchased this exceptional opportunity.
The things that matter:
– Multiple options
– Desirable position along Bradman Avenue
– Sublime panoramic water views with no tree cover
– 506m2 of Commercial/Residential land
– North facing block
– Two Residential Units & 1 Commercial tenancy
– Approximate annual income of $135,000 with a possible potential of $150,000
– Just minutes to the new Sunshine Coast CBD
– Just minutes to the Sunshine Coast International Airport
– Just footsteps to paradise!