Excellent investment opportunity in Bowen’s popular beachside suburb of Queens Beach. This freehold property on 822 sqm total land area comprises of both commercial and residential premises returning a healthy 7.2% per annum.

The commercial component has a total area of 180m2 and is currently operating as a fitness centre with a 15m x 9m polished timber floor exercise room, carpeted office, and toilet and shower. It is fully air-conditioned and has a 3 year lease in place at $300 per week.

The residence is a spacious villa with one air-conditioned bedroom, open plan kitchen/dining/lounge, double carport, two lockable storage sheds and a good sized yard with established gardens. It is currenty leased at $250 per week.

Queens Beach has several new residential estates either recently built or under way, so this area is continuing to grow, and with amenities nearby such as primary school, medical centre, hotel/motel, cinemas, cafe, park, beach and more, this property is a great investment both now and into the future.

Call our office to arrange a private inspection.