346 Shute Harbour RoadAirlie Beach QLD 4802
Property Details for 346 Shute Harbour Rd, Airlie Beach
Last Listing description (March 2021)
346 Shute Harbour Road is home to two very well established tenants and represents a very good investment with a net return of $170,000 per annum.
The tenants are Garuma Cafe & Bar established since March 2017 and Airlie Sun and Sand that is a mix of self contained holiday accommodation that is managed by Holiday in the Whitsundays.
Both the Cafe and accommodation have both been completely renovated and all motel rooms have been refurbished. Overall the building is very low maintenance.
Opportunities to buy a well maintained commercial property in Main Street Airlie Beach are rare. Fresh Leases have been signed for 3 years with 3 x 3 year options.
All outgoings are met by the Tenants.
EXPRESSION OF INTEREST CLOSE 29 JANUARY 2021
For further information contact Brett Dwyer 0447 583 759 or email brett.dwyer@raywhite.com
Property History for 346 Shute Harbour Rd, Airlie Beach, QLD 4802
- 26 Feb 2021Sold for $2,230,000
- 22 Dec 2020Listed for Sale UNDER CONTRACT
- 22 Nov 2017Listed for Rent - Price not available
Recent sales nearby
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0About Airlie Beach 4802
The size of Airlie Beach is approximately 2.5 square kilometres. There are 9 parks, covering nearly 6.1% of the total area. The population of Airlie Beach in 2016 was 1208 people. By 2021 the population was 1312 showing a population growth of 8.6% in the area during that time. The predominant age group in Airlie Beach is 20-29 years. Households in Airlie Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Airlie Beach work in a community and personal service occupation.In 2021, 47.60% of the homes in Airlie Beach were owner-occupied compared with 43.00% in 2016.
Airlie Beach has 1,899 properties. Over the last 5 years, Houses in Airlie Beach have seen a 103.64% increase in median value, while Units have seen a 106.61% increase. As at 31 July 2026:
- The median value for Houses in Airlie Beach is $1,123,900 while the median value for Units is $761,552.
- Houses have a median rent of $713 while Units have a median rent of $700.
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