Boat Harbour DriveUrangan QLD 4655
Property Details for 633 Boat Harbour Dr, Urangan
633 Boat Harbour Dr, Urangan is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 506m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
Last Listing description (August 2026)
Positioned in one of Hervey Bay's most sought-after coastal precincts, 633 Boat Harbour Drive, Urangan presents a rare opportunity for investors seeking a strong-performing asset with immediate income and long-term growth potential.
Purpose-built for shared accommodation, this unique property has been thoughtfully configured to maximise rental returns, offering five separate self-contained units, each featuring a private bedroom, bathroom and living space. A centrally located shared kitchen and laundry facility provides convenience for residents while maintaining an efficient and practical layout.
With tenants already in place, investors can enjoy the benefits of an established income stream from day one, eliminating vacancy concerns and providing immediate cash flow. The property is currently returning a net income of approximately $96,000 per annum, further strengthening its appeal as a high-performing investment. The property's configuration appeals to a broad tenant demographic, including workers, retirees, singles and those seeking affordable, independent accommodation close to essential amenities.
Situated on the highly visible and well-connected Boat Harbour Drive corridor, residents enjoy easy access to Urangan's beaches, marina precinct, shopping centres, cafes, medical facilities and public transport. This prime location continues to attract strong rental demand, supporting both occupancy rates and future capital growth prospects.
Investment Highlights:
- Five separate one-bedroom, one-bathroom self-contained units
- Shared communal kitchen and laundry facilities
- Existing tenants in place providing immediate rental income
- Returning a net income of approximately $96,000 per annum
- Purpose-designed for shared accommodation
- Close to beaches, marina, shopping, transport and local amenities
- Excellent addition to a growing investment portfolio
Properties offering multiple income-producing dwellings in such a desirable coastal location are increasingly difficult to secure. Whether you're looking to expand your portfolio or acquire a set-and-forget investment with established returns, 633 Boat Harbour Drive delivers a compelling opportunity.
For further information or to arrange a private inspection, contact Tony Sprake today.
Property History for 633 Boat Harbour Dr, Urangan, QLD 4655
- 15 Jun 2026Listed for Sale Offers Above $1,200,000
- 23 Apr 2026Listed for Rent $420 / week
- 24 Jun 2025Listed for Rent $420 / week
Recent sales nearby
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About Urangan 4655
The size of Urangan is approximately 14.0 square kilometres. There are 23 parks, covering nearly 12.6% of the total area. The population of Urangan in 2016 was 9764 people. By 2021 the population was 10988 showing a population growth of 12.5% in the area during that time. The predominant age group in Urangan is 60-69 years. Households in Urangan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Urangan work in a community and personal service occupation.In 2021, 66.90% of the homes in Urangan were owner-occupied compared with 60.00% in 2016.
Urangan has 6,749 properties. Over the last 5 years, Houses in Urangan have seen a 78.88% increase in median value, while Units have seen a 93.65% increase. As at 31 July 2026:
- The median value for Houses in Urangan is $826,048 while the median value for Units is $659,271.
- Houses have a median rent of $610 while Units have a median rent of $535.
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