FOR SALE
Offers around $1,500,000

197-201 O'Shea Esplanade
Machans Beach QLD 4878

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 1495m2
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EXCEPTIONAL WATERFRONT DEVELOPMENT OPPORTUNITY

Derelict for several years, anyone searching for property over the past few years has probably enquired about this exceptional piece of waterfront land. Don't be mistaken, the house is definitely past its use-by date and needs to be demolished but the almost 1500m2 land component with a 37.3 metre frontage to the Coral Sea is absolutely fantastic. Subject to Council approval this over-sized parcel could be realigned into at least two housing lots. Located on the Northern reaches of O'Shea Esplanade, this property features Eucalypts that would have been standing when Capt. James Cook sailed past. The international owner is not in a position to move to Australia to realize his late father's retirement dream but therein lies the opportunity. The property is seriously for sale by Expressions of Interest. These can be registered by the "Make an Offer" button on our website, please follow the link provided. Inspections of the land can be arranged by contacting Chris Marsh on 0427 278 473 or e: chris@marshproperty.com.au

Property Details for 197-201 O'Shea Esp, Machans Beach

197-201 O'Shea Esp, Machans Beach is a 3 bedroom, 1 bathroom House. The property has a land size of 1495m2. The place is currently for sale with Marsh Property.

Building Type
House
Land Size
1495m2

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About Machans Beach 4878

The size of Machans Beach is approximately 4 square kilometres. It has 3 parks covering nearly 3.4% of total area. The population of Machans Beach in 2011 was 941 people. By 2016 the population was 1,061 showing a population growth of 12.8% in the area during that time. The predominant age group in Machans Beach is 50-59 years. Households in Machans Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Machans Beach work in a professional occupation. In 2011, 62.9% of the homes in Machans Beach were owner-occupied compared with 68.1% in 2016.

Machans Beach has 514 properties. Over the last 5 years, Houses in Machans Beach have seen a 42.88% increase in median value, while Units have seen a 143.61% increase. As at 30 November 2024:

  • The median value for Houses in Machans Beach is $543,243 while the median value for Units is $498,945.
  • Houses have a median rent of $770.
There are currently 7 properties listed for sale, and no properties listed for rent in Machans beach on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Machans beach.

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