Ware AvenueCauseway Lake QLD 4703
Property Details for 17 Ware Ave, Causeway Lake
17 Ware Ave, Causeway Lake is a 5 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 3060m2.
Last Listing description (February 2026)
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.
Income: Current return $2000+ per week from the units, extra vacant land to sell or build on.
Guide: $2,500,000
Total land size provides approx. 3,060 m of near-level land across three blocks, each on separate titles, with dual road frontage.
Why Youll Love It
Blue-chip location: Exclusive Causeway Lake address in a sought-after holiday corridor of Yeppoon
Immediate income: 5 x 1-bedroom units with permanent tenants; VAST appeal for holiday or short-stay strategies (subject to approvals and repositioning)
Expansion potential (STCA): Consider additional units, waterpark, tennis courts, kids playgrounds, or convenience retail to transform the site into a destination asset
Visibility & access: Dual street frontage, lake outlooks, and opposite the popular holiday park
Flexible deal structure: Buy the front complex with the spare block now, or secure the entire multi-title holding for maximum long-term potential
Note: All figures are existing at this present time and changes may occur with market changes. Development is subject to council approval. Buyers should conduct their own due diligence regarding yields, site capacity, services, and approvals.
Enquiries & Inspections
Lance Baxter 0409 101 963
Email: lance@fncomplete.com.au
Property History for 17 Ware Ave, Causeway Lake, QLD 4703
- 16 Sep 2025Listed for Sale $1,400,000
- 20 Mar 2025Listed for Sale $1,400,000
- 25 Jun 2024Listed for Sale $1.35 Million
Recent sales nearby
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About Causeway Lake 4703
The size of Causeway Lake is approximately 7.0 square kilometres. There are 3 parks, covering nearly 12.8% of the 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 124.37% increase in median value, while Units have seen a 214.59% increase. As at 30 April 2026:
- The median value for Houses in Causeway Lake is $803,706 while the median value for Units is $1,022,384.
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