Back 226 Cypress St
Off Market

226 Cypress St

Urangan QLD 4655

5
3
4
964 m²
House
Last sold for $1,075,000
Brad MitchellBrad Mitchell, last sold this property on 01 April 2026 after 58 days on market.

Overview

High-Density Development Site - Blue-Chip Urangan Location

Ideally positioned just one street back from the Esplanade and within walking distance to the beach and the iconic Urangan Pier, this is a rare opportunity to secure a high-density development site in one of Hervey Bay's most tightly held beachside suburbs. The property comprises a solid Besser block complex of three fully tenanted flats, providing an immediate holding income of $970 per week while future development plans are progressed. Set on a generous 964m² allotment zoned High Density, the site offers exceptional redevelopment potential. Under the current town planning provisions, the land may support up to 10 units (STCA), presenting options for staged development, full redevelopment, or value-add expansion with additional units at the front of the site. Surrounded by established amenities including shopping, medical services, cafes, the marina and with the airport only minutes away, this location continues to attract strong demand from both owner-occupiers and tenants alike. Key Development Highlights: • 964m² High Density zoned site • Potential yield of up to 10 units (STCA) • Holding income of $970 per week • Existing 3-unit complex (Besser block construction) • Premium beachside location, one street from Esplanade • Walk to beach and Urangan Pier • Close to marina, airport and major amenities • Strong long-term growth and rental demand An outstanding land-bank or redevelopment opportunity in a proven coastal growth location.

Features

5 bedrooms
3 bathrooms
4 carspaces
4 garage spaces
964 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Urangan over the last 12 months, the estimated median property value of 226 Cypress St is $1.02m.

Median value
$1.02m
Estimated value range
$640k - $1.2m
Median days on market
49
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Urangan. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 226 Cypress St

2026
Sold
$1,075,000
01 Apr 2026 by Brad Mitchell, of Carter Cooper Realty Hervey Bay
2021
Sold
$740,000
27 Jul 2021 by Damian Raxach, of Exp Australia QLD
2015
Sold
$360,000
29 Nov 2015 by Damian Raxach, of One Agency Hervey Bay

Happy sellers in Urangan

88%
88% of sellers in Urangan reported that their sale price either exceeded or met their price expectations.

Urangan stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 70 reviews in Urangan over the last 12 months.

Local market activity for 5 bedroom houses in Urangan

In the last 12 months, 11 five-bedroom houses similar to 226 Cypress St, have been sold.

This represents a 10% increase in five-bedroom houses sales when compared to the previous 12 months.

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