284 Maryborough Road, Nikenbah

Discover a rare investment opportunity at 284 Maryborough Hervey Bay Road, QLD 4655 – a strategically positioned property at the entrance to Hervey Bay, with council approved subdivision for six 6 individual blocks. This is an ideal prospect for astute investors seeking to capitalize on the burgeoning real estate market. This block of land has options, large block of land 6288m2 1.5 acres. A billboard sign is on the block providing a yearly contracted income, current 5 years lease, with 7-year optional extension. Property Highlights: • Location: Situated at a prime address, this property is positioned at the entrance to Hervey Bay which offers a perfect blend of tranquility and accessibility. Close proximity to essential amenities, schools, and major transport links ensures convenience for future residents. • Subdivision Approval: The property comes with the added benefit of Preliminary Approval that includes a variation request for material change of use to permit Low Density Residential Development and reconfiguring a lot into six (6) lot's subdivision. • This not only increases the potential return on investment but also provides flexibility in development options. • Investment Potential: In a rapidly growing real estate market, investing in land with subdivision approval is a strategic move. The potential for substantial returns is evident, making this property a smart choice for forward-thinking investors. • Scenic Surroundings: This vacant land is perfectly positioned, set on the high side of the hill with scenic views from Toogoom and across the bay, the beauty of the Hervey Bay region, known for its stunning landscapes, pristine beaches, and a lifestyle that attracts both residents and tourists alike. The property's location adds an extra layer of appeal to potential buyers. Opportunity Awaits: This property presents a golden opportunity for investors to enter a market with immense potential. Whether you choose to develop the approved subdivisions or hold onto this valuable land for future gains, 284 Maryborough Hervey Bay Road is a wise addition to any investment portfolio. Seize the chance to be part of the growth and prosperity of the Hervey Bay region. Contact us today to explore this exceptional investment opportunity and secure your stake in the future of Queensland real estate. Disclaimer: All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence.