FOR SALE
$240,000

385 Esplanade
Scarness QLD 4655

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 197m2
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Unique International Cuisine Restaurant within a popular Beachfront Resort.

Ideal ground floor location this Restaurant will suit any purpose for public and private functions. With drive through access and set amongst Tropical Gardens within a popular beachfront resort , this high quality restaurant seats up to 100 people catering to the public, resort guests, wedding functions and conferences. Currently operating for several years this business is well established and has a loyal customer base. The restaurant is beautifully decorated with a warm and welcoming atmosphere that is perfect for any occasion.

Property Details for 385 Esplanade, Scarness

Building Type
Commercial
Floor Size
197m2

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About Scarness 4655

The size of Scarness is approximately 1.8 square kilometres. It has 8 parks covering nearly 6.3% of total area. The population of Scarness in 2011 was 3,472 people. By 2016 the population was 3,512 showing a population growth of 1.2% in the area during that time. The predominant age group in Scarness is 60-69 years. Households in Scarness are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Scarness work in a community and personal service occupation. In 2011, 49.6% of the homes in Scarness were owner-occupied compared with 49.5% in 2016.

Scarness has 2,177 properties. Over the last 5 years, Houses in Scarness have seen a 93.68% increase in median value, while Units have seen a 89.64% increase. As at 31 August 2024:

  • The median value for Houses in Scarness is $562,732 while the median value for Units is $522,825.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 25 properties listed for sale, and 15 properties listed for rent in Scarness on OnTheHouse. According to CoreLogic's data, 96 properties were sold in the past 12 months in Scarness.

Suburb Insights for Scarness 4655

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Tim Wessling
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Commercial Office
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Raine & Horne Commercial Hervey Bay
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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.