FOR SALE
$1,810,000 (including GST)

6 Pacific Drive
Horseshoe Bay QLD 4819

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 400m2
Land area: 875m2
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Waterfront retail complex on Magnetic Island

Situated on tropical Magnetic Island, this tightly held location is in the heart of the main watersport precinct of Horseshoe Bay.
The property comprises an attractive complex of four retail shops with alfresco dining and on site parking overlooking the beach and parkland.
Prime location with high foot traffic, close to tourism operators, boat ramp, public facilities and bus stop.
Current net income approximately $117,884 per annum + GST across approximately 309.42 sqm of NLA.
Magnetic Island, a suburb of Townsville - capital of North Queensland, is a thriving tourist destination with over 320 days of sunshine annually.
Horseshoe Bay is renowned for its stunning beaches, outdoor activities, and vibrant arts community, making it a hotspot for business.
Don't miss this exception opportunity, act now to secure this unique investment property.
Contact exclusive agents Ray White Commercial Townsville for further information.

Property Details for 6 Pacific Dr, Horseshoe Bay

Building Type
Commercial
Floor Size
400m2
Land Size
875m2

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About Horseshoe Bay 4819

The size of Horseshoe Bay is approximately 6.2 square kilometres. It has 3 parks covering nearly 34.5% of total area. The population of Horseshoe Bay in 2011 was 538 people. By 2016 the population was 559 showing a population growth of 3.9% in the area during that time. The predominant age group in Horseshoe Bay is 60-69 years. Households in Horseshoe Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Horseshoe Bay work in a community and personal service occupation. In 2011, 64.6% of the homes in Horseshoe Bay were owner-occupied compared with 69.4% in 2016.

Horseshoe Bay has 599 properties. Over the last 5 years, Houses in Horseshoe Bay have seen a 51.28% increase in median value, while Units have seen a 130.88% increase. As at 31 October 2024:

  • The median value for Houses in Horseshoe Bay is $735,448 while the median value for Units is $543,696.
  • Houses have a median rent of $388.
There are currently 13 properties listed for sale, and 1 property listed for rent in Horseshoe bay on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Horseshoe bay.

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Stacie Stockham
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Troy Townsend
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Ray White Commercial Townsville
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