6 Pacific DriveHorseshoe Bay QLD 4819
Property Details for 6 Pacific Dr, Horseshoe Bay
Last Listing description (September 2024)
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 $133,024 per annum + GST
Magnetic Island is a thriving tourist destination with over 320 days of sunshine annually. Horseshoe Bay is renowned for its stunning beaches, outdoor activities, and vibrant community, making it a hotspot for businesss.
Don't miss this exception opportunity, act now to secure this unique investment property.
For Sale by Expressions of Interest. Contact exclusive agents Ray White Commercial Townsville for further information.
Property History for 6 Pacific Dr, Horseshoe Bay, QLD 4819
- 20 Jun 2024Listed for Sale POA
- 17 Aug 1995Sold for $630,000
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0About 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 597 properties. Over the last 5 years, Houses in Horseshoe Bay have seen a 80.63% increase in median value, while Units have seen a -21.67% decrease. As at 31 August 2024:
- The median value for Houses in Horseshoe Bay is $688,499 while the median value for Units is $540,761.
- Houses have a median rent of $388.
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