OFF MARKET

1-5 The Esplanade
Picnic Bay QLD 4819

Bedrooms: 1
Bathrooms: 3
Car spaces: 2
Floor area: 88m2
Land area: 11029m2
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Property Details for 1-5 The Esplanade, Picnic Bay

Building Type
Commercial
Floor Size
88m2
Land Size
11029m2
Local Government
Townsville City
Lot/Plan
705/P9385

Last Listing description (December 2019)

This architect-designed home is set on 2641m2 of beachfront land, an absolutely unique opportunity as other properties on The Esplanade all have the road in front, whilst this one is set back in peace and total privacy with road access via Olsson St off Sooning St to the rear.

The home is centrally located on the block with a creek boundary to one side and nature reserve to the other. The gardens are low maintenance native bushland and some gently pruning of minor branches would open the sea views up spectacularly. There's room for a pool off either of the enormous covered decks, although with direct beach access across a cute timber walkway, why would you need one?


With a wall of glass at one end of the large open-plan living area, the creek flows gently below in wet season, and cool sea breezes penentrate all year round. The kitchen is central to both the lounge and dining areas - as well as opening onto both decks so entertaining is a breeze and you will rarely want to sit indoors for a meal in such a spectacular setting. High ceilings, exposed beams and polished wood floors create character and warmth, whilst the sea views are glimpsed throughout.

The enormous master bedroom also showcases sea views from sunrise to sunset through its large casement windows. Doors open onto the deck and the built-in-wardrobes are so plentiful, there surely won't be any arguments over space! The second bedroom is also very generous in size, again with large built-in-wardrobes and air-conditioning. It is located just on the other side of the two-way bathroom - which could with relative ease be converted into an ensuite and separate family bathroom. An internal storeroom with floor-to-ceiling storage will always be useful, whether for an owner occupier or holiday home and the third bedroom would also make a lovely office with delightful bush views off the back deck.

The laundry/store is just off the carport with a fenced utility area, to hide the washing line and other items you'd rather keep tucked away.

The jewel in the crown of The Esplanade when it was built in the late 1990s, the home offers some superb features and with a little cosmetic updating, you will be the envy of the neighbourhood.

Absolute beachfront land is a very rare commodity on Magnetic Island, especially a parcel of such proportions, in easy walking distance of the marina, shops and restaurants, so don't delay, arrange a private inspection by appointment anytime.



This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.

Property Code: 989

Property History for 1-5 The Esplanade, Picnic Bay, QLD 4819

A timeline of how this property has performed in the market
Last Transferred
$721,667
21 Jun 2024
  • 21 Jun 2024
    Transferred for $721,667
  • 01 Jul 2022
    Sold for $3,500,000
  • 07 Sep 2019
    Listed for Sale $950,000
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About Picnic Bay 4819

The size of Picnic Bay is approximately 4.1 square kilometres. It has 5 parks covering nearly 77.8% of total area. The population of Picnic Bay in 2011 was 335 people. By 2016 the population was 282 showing a population decline of 15.8% in the area during that time. The predominant age group in Picnic Bay is 60-69 years. Households in Picnic Bay are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Picnic Bay work in a professional occupation. In 2011, 50.3% of the homes in Picnic Bay were owner-occupied compared with 50.3% in 2016.

Picnic Bay has 383 properties. Over the last 5 years, Houses in Picnic Bay have seen a 81.62% increase in median value, while Units have seen a 36.18% increase. As at 31 October 2024:

  • The median value for Houses in Picnic Bay is $590,769 while the median value for Units is $465,578.
  • Houses have a median rent of $275 while Units have a median rent of $250.
There are currently 3 properties listed for sale, and 1 property listed for rent in Picnic bay on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Picnic 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.