8 Esplanade Picnic Bay QLD 4819
Expressions Of Interest

DESCRIPTION

Phone enquiries - please quote property ID 36968.

This is your chance to leave the traffic chaos behind and embrace island living in one of Tropical North Queensland’s most sought-after tourist destinations. This freehold beachfront property offers not only a breathtaking lifestyle, but also an exceptional business opportunity to live on-site and bring your dream business to life- whether its a cafe, restaurant & bar, gallery, or a unique venue for weddings only metres from the waters edge. Wake up to the gentle sound of waves lapping on the shore and the ships drifting slowly by on the horizon.
Nestled on the beachfront in the sort after village of Picnic Bay, this rare 991 sq metre allotment zoned ‘Mixed Use’ opens the door to a range of possibilities, from multiple dwellings, holiday accommodation, to restaurants, a backpacker hostel, function facility or even a place of worship. Additionally, this property is situated within the ‘Picnic Bay Sub Precinct’, which permits an enviable three storey building height - making this an even more compelling investment for those with a vision.
This property features two distinct buildings. The rear building is divided into two separate areas with own entrances. One area is self contained with one bedroom and ensuite, while the other offers two bedrooms and a full size kitchen, although the bathroom is still to be completed. The front building, classified as Class 6, is currently used by the owner for their residential storage but offers substantial commercial potential. It can be repurposed for retail, office space or other commercial uses, providing an excellent opportunity for a new owner to start their own business, or earn a passive income by leasing it out. With no commercial space available on the island, this beachfront property is a prime investment.
This is truly one of the most unique and versatile properties on the Australian market, offering multiple opportunities at a price point never to be seen again.
A comparable nearby property recently sold for $1.9 million, highlighting the exceptional value of the asking price.
Opportunities like this don’t come along often, so turn your island dream into reality and MAKE AN OFFER before this slice of paradise is gone.

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DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.