17 Ware Ave, Causeway Lake, QLD 4703 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
Sale Price Unavailable

Ware Avenue
Causeway Lake QLD 4703

Bedrooms: 5
Bathrooms: 5
Car spaces: 15
Land area: 3060m2
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Rare Multi-Option Investment | Units + Vacant Land | Causeway Lake, Yeppoon

Positioned in the highly sort after location and family holiday precinct of the Causeway Lake, this unique offering combines solid income today of 5 Units with very solid returns and with serious extra growth tomorrow. Enjoy lake views, walk across to a quality fish and chip takeaway, with an exclusive entry and a quiet holiday feel.
Here is a 5 unit complete fully rented and on 4 separate titled blocks if buying the full property. Or capitalise on a a part purchase with purchase of the units and separe block only. Thge full property comes with dual road frontage and scope for further development (STCA).
Purchase Options
Option 1 – Front Complex + extra Adjoining Blocks
Inclusions: 5 x 1-bedroom units (road-front) plus the adjoining vacant block
Income: Permanent tenants in place, returning $2000+ per week (approx.)
Price Guide: $1,400,000
Indicative gross yield: ~7.06% (based on $104,000 p.a.)
Option 2 – Entire Holding (All Titles) 4 separate blocks.
Inclusions: 5 x completed units + the adjoining vacant block + two additional rear blocks (all on separate titles) with road access.
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Property Details for 17 Ware Ave, Causeway Lake

17 Ware Ave, Causeway Lake is a 5 bedroom, 5 bathroom BlockOfUnits with 15 parking spaces. The property has a land size of 3060m2. The place is currently for sale with First National Baxters Real Estate .

Building Type
BlockOfUnits
Land Size
3060m2
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About Causeway Lake 4703

The size of Causeway Lake is approximately 7.0 square kilometres. It has 3 parks covering nearly 12.8% of total area. The population of Causeway Lake in 2016 was 121 people. By 2021 the population was 121 showing a stable population in the area during that time. The predominant age group in Causeway Lake is 50-59 years. Households in Causeway Lake are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Causeway Lake work in a professional occupation.In 2021, 55.60% of the homes in Causeway Lake were owner-occupied compared with 45.30% in 2016.

Causeway Lake has 63 properties. Over the last 5 years, Houses in Causeway Lake have seen a 110.97% increase in median value. As at 31 October 2025:

  • The median value for Houses in Causeway Lake is $715,935 while the median value for Units is $318,501.
There are currently 1 property listed for sale, and no properties listed for rent in Causeway lake on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Causeway lake.

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Lance Baxter
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First National Baxters Real Estate
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