7 Pacific DriveHorseshoe Bay QLD 4819
Property Details for 7 Pacific Dr, Horseshoe Bay
Last Listing description (July 2022)
- Magnetic Sunsets Resort: 2 x 2-bed apartments + 4 x 3-bed apartments + 2-bed manager's unit
- Horseshoe Bay Convenience Store: extremely busy retail outlet, servicing the whole of the Bay (currently on a 5+5+5 year lease)
- Sandi's on Magnetic (Restaurant): Licensed, highly successfully restaurant with internal cocktail lounge, outdoor kitchen & beer garden (currently on a 5+5+5 year lease)
- Opposite beach
- Additional development opportunity at the rear of the restaurant
- Minimal body corporate fees
- In-ground swimming pool & BBQ facilities
For Sale by EOI closing Thursday, 26 May at 4pm
For further information or to arrange an inspection, please contact Angelo Castorina at Colliers.
^Outlines indicative only
Property History for 7 Pacific Dr, Horseshoe Bay, QLD 4819
- 11 Apr 2022Listed for Sale For Sale by EOI
- 24 Mar 2016Listed for Sale $990,000
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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 599 properties. Over the last 5 years, Houses in Horseshoe Bay have seen a 51.28% increase in median value, while Units have seen a 130.88% increase. As at 31 October 2024:
- The median value for Houses in Horseshoe Bay is $735,448 while the median value for Units is $543,696.
- Houses have a median rent of $388.
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