OFF MARKET

Porter Promenade
Mission Beach QLD 4852

Bedrooms: 7
Bathrooms: 4
Car spaces: 3
Land area: 1024m2
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Last updated 14 Oct 2024
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Property Details for 1-3/45 Porter Prom, Mission Beach

1-3/45 Porter Prom, Mission Beach is a 7 bedroom, 4 bathroom House with 3 parking spaces. The property has a land size of 1024m2.

Building Type
House
Land Size
1024m2
Local Government
Cassowary Coast Regional

Last Listing description (October 2024)

This prime 1024m2 1/4 acre site is opposite the Mission Beach Tavern and right in the main street downtown area of Mission Beach (North), Tropical North Queensland.

You couldn't get a more prime central location?

The property is unique in that it consists of 3 existing residential apartments on half of the 1/4 acre site, and the other half is vacant land ready for a commercial/residential development, when the time is right

The existing residential section comprises of a very spacious (over 200 m2) 3 bedroom, 2 bathroom upstairs apartment with balcony and constructed of solid rendered cement block, plus two smaller 2 bedroom, 1bathroom ground floor apartments.
There is undercover parking.

Some Highlights include:

- Good rental income from the 3 residential apartments

- Area under roof of the upstairs apartment is approx. 200 m2

- Area for units 1 and 2 downstairs is approx. 65 m2 each

- Complex is built of solid rendered cement block

- Complete builders design plans are available for the proposed development of the 600 m2 ( est.) vacant land in the main street portion of the property and it was intended to build 2 restaurants with a common large dining deck on ground level and with 2 residential apartments above on level 1.

- There is 20 m of main street frontage (Porter Promenade)

- An exciting redevelopment project of the nearby main street and Village Green precinct is planned to begin this month, March 2024 (visit:https://yoursay.cassowarycoast.qld.gov.au/mission-beach-town-centre-revitalisation-project).

Cairns Domestic and International Airport is 1 3/4 hours north along National Hwy. 1.

Mission Beach is an area of extensive World Heritage Rainforests and Great Barrier Reef Marine Parks.

The nearby Mission Beach village has restaurants, cafes, boutiques, tavern and art gallery.

Whatever you do, don't wait for prices to skyrocket before buying into such prime downtown real estate!

Reasonable Office Considered
Exclusive Agent Dick Williams, 0419 734 705

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Property History for 1-3/45 Porter Prom, Mission Beach, QLD 4852

A timeline of how this property has performed in the market
  • 30 Aug 2024
    Listed for Sale Offers over $1.1M Considered

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About Mission Beach 4852

The size of Mission Beach is approximately 9.6 square kilometres. It has 3 parks covering nearly 16.4% of total area. The population of Mission Beach in 2011 was 765 people. By 2016 the population was 826 showing a population growth of 8.0% in the area during that time. The predominant age group in Mission Beach is 50-59 years. Households in Mission Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mission Beach work in a trades occupation. In 2011, 60.9% of the homes in Mission Beach were owner-occupied compared with 63.9% in 2016.

Mission Beach has 1,132 properties. Over the last 5 years, Houses in Mission Beach have seen a 89.74% increase in median value, while Units have seen a 47.32% increase. As at 30 September 2024:

  • The median value for Houses in Mission Beach is $645,592 while the median value for Units is $284,294.
  • Houses have a median rent of $500 while Units have a median rent of $550.
There are currently 35 properties listed for sale, and 6 properties listed for rent in Mission beach on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Mission beach.

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