SOLD
Sold on 04 Apr 2024 for $1,850,000

61 Bicentennial Drive
Agnes Water QLD 4677

Bedrooms: 11
Bathrooms: 6
Car spaces: 5
Floor area: 303m2
Land area: 22000m2
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Property Details for 61 Bicentennial Dr, Agnes Water

Building Type
Commercial
Year Built
1950
Floor Size
303m2
Land Size
22000m2
Local Government
Gladstone Regional
Lot/Plan
6/RP619141

Last Listing description (March 2024)

Incredible Accomodation + Lifestyle Opportunity
Classic Queenslander Residence + Tropical Pool
4 immaculate units with expected rents at $90,000 + pa

2.2 Ha of land , 5 bay garage, 7 x 22,500L tanks + bore.
Enterprise zoning with additional business opportunities
Owners are retiring and we are selling

Welcome to Agnes Water's best kept secret. Set on 5.4 beautiful acres of land, this truly unique lifestyle opportunity is located just 3.5 km from the hub of Agnes Water.

The residence is an Authentic 1930's renovated triple gable Queenslander with 3 decks in good condition. 3 bedrooms, 2 bath, two living, dining, office and reception area. Inviting lagoon style pool with tropical landscaping & shade sails plus a covered outdoor entertainment BBQ area.

The 4 self-contained units come fully furnished designed to sleep 4 people in two separate bedrooms and a large two-way bathroom. One of the units is purpose built for guests with disabilities. All units are free standing, with their own deck, carport and privacy.

The driveway winds its way between two ponds, with native turtles and birds. The ponds also provide irrigation for the beautifully landscaped gardens.

Amenities A separate BBQ area for guests, communal laundry and open area is available for residents to use. Facilities include a 5 bay garage, 3 x 22,500 litre water tanks, plus a water bore.

This delightful property is well maintained, and the buildings are all in great condition.

The property has a history of an Eco Holiday accommodation Retreat. Formerly known as 'The Lovely Cottages' has built a good reputation both locally and on review sites like booking.com and trip advisor. The opportunity today lies in longer stay rentals. Air BNB prove highly successful in the Agnes Water area.

Enterprise Precinct Zoning
The zoning is Rural Residential with an Enterprise Precinct Overlay
https://www.grcplanningscheme.com.au/version-2/part-6/6-2-zone-codes/6-2-23-rural-residential

The enterprise precinct is the next area that we will see significant growth in development . The property had a former DA for up to 60 beds for glamping accommodations. There are a range of possibilities for this with an Enterprise Precinct zoning that include the following

Land Use Possibilities

Non-residential uses and are limited to those which:

a. are subordinate to the primary residential use (where not in the Bicentennial Drive Enterprise precinct) and support the day to day needs of residents.
b. do not impact on residential amenity
c. are compatible with neighbouring rural uses
d. are complementary to local character and amenity; and
e. are home businesses, small scale tourist uses, low impact creative enterprises or small scale horticulture.

This includes

a. Nature based Tourism - Development does not exceed more than one guest per 1,000m2 of site area.
b. Tourist Park - Where a Tourist park, development provides adequate separation, screening and buffering from any adjoining residential premises or residential zone so that residential privacy and amenity is not adversely affected.
Warehouses - GFA of the following uses does not exceed 250m2 for:
c. agricultural supplies store
d. bulk landscape supplies
e. garden centre
f. hardware and trade supplies
g. service industry, and
h. warehouse.

Any outdoor sales use does not exceed a development footprint of 500m2.

We are selling. The owners are retiring & this is a truly unique lifestyle opportunity with excellent income potential and further great options available for a new owner.

Contact Gordon Christian for your inspection on 0417206500

Property History for 61 Bicentennial Dr, Agnes Water, QLD 4677

A timeline of how this property has performed in the market
Last Sold
$1,850,000
04 Apr 2024
  • 04 Apr 2024
    Sold for $1,850,000
  • 08 Dec 2023
    Listed for Sale Seeking Offers
  • 07 Sep 2022
    Listed for Sale Expression of Interest
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About Agnes Water 4677

The size of Agnes Water is approximately 41.1 square kilometres. It has 3 parks covering nearly 11.8% of total area. The population of Agnes Water in 2011 was 1,813 people. By 2016 the population was 2,186 showing a population growth of 20.6% in the area during that time. The predominant age group in Agnes Water is 50-59 years. Households in Agnes Water are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Agnes Water work in a trades occupation. In 2011, 58.7% of the homes in Agnes Water were owner-occupied compared with 68% in 2016.

Agnes Water has 2,961 properties. Over the last 5 years, Houses in Agnes Water have seen a 129.02% increase in median value, while Units have seen a 114.90% increase. As at 31 October 2024:

  • The median value for Houses in Agnes Water is $854,795 while the median value for Units is $537,570.
  • Houses have a median rent of $625 while Units have a median rent of $493.
There are currently 80 properties listed for sale, and 5 properties listed for rent in Agnes water on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Agnes water.

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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.