358 Esplanade SCARNESS QLD 4655
1,350,000

DESCRIPTION

With reports stating that Hervey Bay is at the start of its recovery on the property clock and with strong investment by government and private companies into the city the population is predicted to grow significantly over the next decade so now is definitely the time to invest in Hervey Bay.

This Esplanade property is a unique opportunity to purchase nearly one acre on 2 titles directly opposite the beach. Boasting 2 street frontage this property is a developers dream allotment. Previously granted development approval for 121 units, 8 commercial units and a restaurant the possibilities are endless.

Highlights include:
- 3850m2 block directly opposite the beach and Esplanade foreshore
- On 2 titles with 2 street frontage
- Develop opportunities may include further sub-division, motels, units and commercial (STCA)
- On-site 3 bedroom home with multiple living zones, refurbished kitchen and bathroom giving instant returns on your investment
This is a great beachfront location which is within walking distance of shops, cafes, restaurants, pubs and is in an irreplaceable blue chip location. The options and potential to expand and develop are limitless. An inspection is highly recommended. Call Listing agents Kim Carter or Brad Mitchell to arrange yours.

Please note: Development approval has expired - there are no current development approvals in place at this time