Magnetic Island, a beautiful tropical natural paradise, just 8 km from Townsville in North Queensland. It only takes 20 minutes by fast catamaran to get there!
The Island is famous for tourists and sun seekers from all over the world for it’s perfect climate, over 300 days of sunshine a year!

Located in the biggest bay of the Island, Horesehoe Bay, facing the open ocean. The property has a prime corner location with absolute waterfront, with a land area of 784m2. The zoning is ‘Tourist Facilities’, having a combined residence and business together.
We are only 30m from the beach and the public boat ramp in this sheltered bay, where many water sports are conducted. Another 80m takes you to a supermarket, restaurants, bars, fast food, bus stop snd safe swimming enclosure.

This double story building is almost 9 years old, the bas is of solid block, the top of cypress timber construction.The floor throughout is of selected cypress and polished, bathroom and toilet areas are tiled. The spacious residence above is a little over 200m2 open plan area, with 3 large bedrooms, a large lounge, kitchen, and dining area, one bathroom and a seperate toilet.
Along the front from the lounge and master bedroom is a 10m long veranda with absolute stunning views to the ocean, the back also has a 7m verandah with views to the hills. All rooms have ceiling fans plus air conditioning in all bedrooms.

The 3 shops on ground level leased out at present on long term leases, sercuring a good steady and stable income.
The tenants have extra toilets, male and female and also for the disabled.
parking is provided for 5 cars, plus a lock up garage and a big carport.
The carpark is of exposed aggregate concrete, the rest around the building is all paved, and landscaped along the boundaries and has automatic sprinklers. There is no grass to mow!

Phone Linda McCormick today for further information on this fantastic opportunity!