90 Quay Street

Bundaberg West QLD 4670

An exceptional opportunity here to secure a prime riverside hotel site in one of Queensland's fastest-growing regions.Situated in a high population growth area, with a shortage of short-term accommodation, this site is central to the CBD, riverside, parklands, medical precincts and more.The site gained FULL COUNCIL APPROVAL on the 29-08-2017 or which naturally lapsed in 2021 for 5 story, and basement car parking, 32 residential short term accomodation, function facility, food and drink outlet. All approval conditions and documentation available upon request. With a shortage of short-term accommodation in the Bundaberg Region, the opportunity presents itself to resubmit the previously approved application, develop the site to meet the needs of the Bundaberg CBD accommodation demand.Why this site stands out: Unmet demand for short and long-stay accommodation: Local hotels and motels are regularly booked out midweek, catering to an influx of corporate travellers, tradespeople, and contractors. Weekends see the same pressure from tourists visiting the region's famous natural attractions - from Mon Repos Turtles to the Southern Great Barrier Reef. Limited supply = strong returns: Council-commissioned studies have highlighted the urgent need for more modern, serviced accommodation options close to the CBD and coastline. Multiple pathways for development: Re-establish the former DA for apartments, reimagine it as a boutique hotel, or explore mixed-use options blending residential, tourism and retail - the choice is yours. Proven regional confidence: Bundaberg continues to attract significant investment, with new resorts, residential estates, and infrastructure upgrades reinforcing its status as a key Queensland growth hub.This is a rare chance to shape the future of Bundaberg's riverside accomodation to help meet the growing demand for quality coastal living and visitor accommodation.AT A GLANCEVacant Land- 1837m2Zoned -High density residential.Full council approval on the 29-08-2017 of which lapsed in 2021 for 5 story, plus basement car parking for 21 car parks, 32 residential short term accomodation, function facility, food and drink outlet. All approval conditions and documentation available upon request.Basement- 21 Car parks.Ground level- Restaurant, kitchen, function room, outdoor dining.Level- 2- Pool, eight units,Levels 3,4,5- eight units per floor. Prime riverside, parkland and central location.High growth marketplace.2 Titles-Note- 2 separate contracts required.88 Quay St- 1007m2- L63 B15817- $800,000 Plus GST90 Quay St- 830m2 - L62 B15817- Offers over: $675,000 No GST payable. Flood Free in 2013Sewerage Pipes are not on blocksFor all enquiries, please contact:Tim McCollum0427 523 088Cara Culjak0400 257 941The information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters.