FOR SALE
For Sale

18/370 Shute Harbour Road
Airlie Beach QLD 4802

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 30m2
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CENTRAL AIRLIE BEACH - RETAIL INVESTMENT OPPORTUNITY

A fantastic opportunity now exists to secure this tenanted retail shop situated in the Whitsunday Village development in the heart of Airlie Beach. The property is in close proximity to numerous national retailers including Woolworths, BWS and McDonald's. This is a rare opportunity to purchase an investment property in the centre of this popular tourist strip.
• Net Income of $22,425 per annum excl GST
• Tenant pays outgoings (except sinking fund levies)
• Leased to June 2027 + 3 year option to June 2030
• Annual increases of 5%, plus market review at the option
• Personal guarantees and cash bond in place
• Tenanted by Tobacco Shed, who retail tobacco products, accessories & gifts and have over 25 stores across Australia.
• Positioned alongside Magnums Bar & Nightclub, which is an ideal fit for this usage.
• 30sqm retail space plus exclusive use area directly outside the tenancy
• Has another separate exclusive use area which houses its own grease trap
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Property Details for 18/370 Shute Harbour Rd, Airlie Beach

Building Type
Commercial
Floor Size
30m2

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About Airlie Beach 4802

The size of Airlie Beach is approximately 2.5 square kilometres. It has 9 parks covering nearly 6.1% of total area. The population of Airlie Beach in 2011 was 908 people. By 2016 the population was 1,195 showing a population growth of 31.6% in the area during that time. The predominant age group in Airlie Beach is 20-29 years. Households in Airlie Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Airlie Beach work in a managers occupation. In 2011, 39.5% of the homes in Airlie Beach were owner-occupied compared with 43% in 2016.

Airlie Beach has 1,851 properties. Over the last 5 years, Houses in Airlie Beach have seen a 121.83% increase in median value, while Units have seen a 67.15% increase. As at 31 July 2024:

  • The median value for Houses in Airlie Beach is $946,256 while the median value for Units is $533,513.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 34 properties listed for sale, and 14 properties listed for rent in Airlie beach on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Airlie beach.

Suburb Insights for Airlie Beach 4802

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Tracey Oates
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Ray White Whitsunday
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.