432 Esplanade HERVEY BAY (TORQUAY) QLD

Massive 4,133 sqm corner site (Fraser Street) with 3 street frontages Currently 9 well established retail shops including restaurants, caf�, barber shop, menswear and others Situated in the heart of the Hervey Bay tourism precinct. Renewed approval for 8 storey signature development comprising ground floor retails shops, 36 apartments and 105 hotel/motel suites Hervey Bay is located a comfortable three and a half hours drive or a 45 minute flight north of Brisbane. Hervey Bay/Fraser Coast Region: whale watching capital of the world and one of Queensland?s fastest growing areas with forecast population growth of 38% to 144,835 by 2036 Fabulous opportunity to hold & develop later with current approval to 2022 or development ready now Net Income $171,121 p.a. (plus GST) (fully leased) For sale via 'Offers to Purchase'