11/651 Esplanade, Urangan, Qld 4655

Super Holiday Let Investment Apartment

$167,500

Description

Beachside Esplanade studio apartment in a booming but still peaceful suburb of Hervey Bay.
This apartment block was constructed of Fraser Island Pine about 25 years ago which lends great character.
The apartment comes with all chattels and is a profitable going concern as a holiday let. For the difficult calendar year of 2021 return after all management charges was $16000 and this latest 6 months indicate that figure likely to be eclipsed for FY2022.
The queen bed is supplemented by another single which comes out of the wall. This renders it suitable for a family of 3 or leave the extra bed stored for more space for singles or couples.
The neighbourhood is very quiet with the nearest shopping centre and supermarket 1.5 km and the Marina with bars, restaurants, The Hervey Bay Boat Club and major boat ramp about 600 metres distant. Both are close enough yet far enough. Hervey Bay airport is about 7 minutes away.
Whale watch (in season) day trips and other cruises all leave from the Marina and the Fraser Island barge leaves from River Heads about 20 minutes away.
Free pick up and drop offs are offered by all tour operators (at time of writing but best to check).
Across the road lies Urangan Beach, at high tide this is a beautiful, safe swimming beach with shade available above high water and at low tide the yabbie pumpers have a field day.
The beach is very much underutilised except by locals. Fishing at high tide and walking on the marina breakwater are popular pastimes and Urangan Pier is 25-30 minutes very pleasant stroll
The shady, cool, green reserve backing the beach offers BBQ and toilet facilities.
Enthusiastic on site managers maintain the property to a high standard and will attend to your enquiry. Please call to arrange a viewing.
This opportunity will not last long.

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