21 Scarborough Street
Expression of Interest
Situated in the heart of Hervey Bay's tourism precinct, directly opposite the beach and parkland reserves, the subject property comprises a single-level residential house on a substantial 1270 sqm level, rectangular parcel of land.
Prime opportunity for the astute investor- development approval lodged for 10 units.
EOI closes 28th October 2021
. Unbeatable location
. Walking distance to the Scarness precinct
. Opposite the Fraser Coast Beach Front Tourist Park Scarness
. High-Density Residential Zone
. Land size - 1270 sqm
. Nearby shops, restaurants, and cafes
. Current tenants leased until June 2022
. Future development approved
. Excellent passing vehicular and pedestrian traffic
. QLD Government population projections estimate the Fraser Coast region will grow from 101,504 (2016 Census) to 164,143 by 2031
Hervey Bay is located a comfortable three and a half hours' drive or 45-minute flight north of Brisbane. Hervey Bay is renowned as a "must-do" destination for backpackers and is the main access point to Fraser Island and Lady Elliot Island on the Southern Great Barrier Reef. Recognised as the Whale Watching Capital of the World, Hervey Bay is home to the majestic Humpback Whales from July to early November.
Project Marketing and Commercial Sales