13 Beach Road

Cannonvale QLD 4802

1012 m²

Block of units

Currently for sale - view listing

Overview

The Kind of Asset Investors Wait Years For

9-Unit Beachside Holding | Established Income | Significant Upside Large-scale beachside holdings offering established income, scale and genuine future upside rarely become available in the Whitsundays. Held by the same owners for more than 22 years, 13 Beach Road, Cannonvale presents an exceptional opportunity to secure an entire nine-unit accommodation complex on one freehold title, approximately 200 metres from the beachfront. Importantly, this opportunity sits within a high-growth Whitsunday market, supported by continued population growth, a thriving tourism economy, major marine and infrastructure activity and sustained demand for quality accommodation. The property comprises nine two-bedroom units, together with an inground swimming pool, communal areas and ample off-street parking. Currently operating as long-term residential accommodation, it provides an established income stream with current rents appearing below prevailing market rental levels, creating genuine potential for rental growth and improved returns over time. Beyond the existing residential model, the scale, location and configuration provide further flexibility. Potential future strategies may include staff accommodation, short-stay or holiday accommodation, tourism-based use or a return to motel-style operation, having previously operated as a motel (STCA). Key Features • 9 x two-bedroom units on one freehold title • Established income-producing accommodation asset • Significant rental growth potential • Located within a high-growth Whitsunday market • Approximately 200m from the beachfront • Three street frontages • Inground swimming pool and communal areas • Ample off-street parking • Partly furnished units • No body corporate • Potential staff accommodation opportunity • Previously operated as a motel • Short-stay, holiday and tourism accommodation potential (STCA) • First time offered to the market in more than 22 years With nine residences, one title and a beachside position within one of Queensland's most dynamic regional coastal markets, 13 Beach Road represents an increasingly difficult asset to replicate. Established income. Significant upside. Positioned for future growth.