1 Fraser Ct, K'Gari is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 2715m2 and floor size of 528m2. While the property is not currently for sale or for rent, it was last sold in September 2019.
Some investments offer potential. This one arrives with a lease, annual increases and one of Queensland's most recognised resort operators already in place.
Set among the natural beauty of World Heritage-listed K'gari, Wilderness Lodge 1 presents an exceptionally rare opportunity to secure a furnished, purpose-designed accommodation property leased by Kingfisher Bay Resort for staff housing.
The current five-year lease provides annual CPI rent increases, further options and the added advantage of the tenant covering property outgoings in addition to the rent received. For investors searching for greater certainty, fewer day-to-day management demands and an income-producing property with a clearly defined commercial arrangement, this is an opportunity that deserves serious attention.
Configured in a practical dormitory-style layout, the villa provides five bedrooms, extensive bathroom facilities with multiple showers and toilets, a communal living area and a dedicated food preparation zone. Ceiling fans provide year-round comfort, while the private deck creates a peaceful place to unwind beneath the island canopy.
The property is offered furnished and occupies a 459m allotment, with approximately 101m of building area. Rather than managing short-term holiday bookings, cleaning schedules and constant guest turnover, the successful purchaser can step into an established resort lease in one of Australia's most remarkable destinations.
It is an investment where the location may feel like an escape, but the numbers are designed to get to work.
KEY FEATURES
Rare investment property leased by Kingfisher Bay Resort
Five-year lease currently in place
Further lease options included
Annual CPI rent increases
Tenant responsible for property outgoings in addition to rent
Purpose-designed staff accommodation
Five separate bedrooms
Four designated bathroom areas
Multiple showers and toilet facilities
Communal living and dining zone
Dedicated food preparation area
Approximately 101m of building area
459m allotment
Private covered deck surrounded by natural vegetation
Ceiling fans throughout
Offered furnished
Established tenant already occupying the property
Reduced day-to-day involvement compared with traditional short-term accommodation
Located close to the internationally recognised Kingfisher Bay Resort
Positioned on World Heritage-listed K'gari, the world's largest sand island
An exceptionally uncommon combination of island ownership and structured rental income
PROXIMITY
Travel times to mainland destinations include the approximately 45-minute Kingfisher Bay passenger or vehicle ferry crossing. Ferry check-in periods, waiting times, tides and road conditions may affect total journey times.
Kingfisher Bay Resort facilities and waterfront: approximately 2km, around 5 minutes
Closest beach, Kingfisher Bay foreshore: approximately 2km, around 5 minutes
River Heads mainland ferry terminal: approximately 9km by water, around 45 minutes by ferry
Urangan Pier: approximately 30km including ferry crossing and mainland travel, around 1 hour 15 minutes
Hervey Bay Hospital: approximately 40km including ferry crossing and mainland travel, around 1 hour 20 minutes
Stockland Hervey Bay: approximately 40km including ferry crossing and mainland travel, around 1 hour 20 minutes
Hervey Bay Airport: approximately 25km including ferry crossing and mainland travel, around 1 hour
Brisbane CBD: approximately 310km including ferry crossing and mainland travel, around 4 hours 30 minutes
Bundaberg CBD: approximately 145km including ferry crossing and mainland travel, around 2 hours 30 minutes
FAQ'S
Bedrooms: 5
Bathrooms: 4 designated bathroom areas with multiple showers and toilets
Garage: No dedicated garage
Building Size: Approximately 101m
Land Size: Approximately 459m
Property Type: Furnished staff accommodation villa
Current Tenant: Kingfisher Bay Resort
Lease Term: Five years
Rent Reviews: Annual CPI increases
Lease Options: Yes
Outgoings: Paid by the tenant in addition to rent, subject to the lease terms
Furnished: Yes
Inspections: By appointment and subject to tenant and island access requirements
SUBURB HIGHLIGHTS
K'gari is internationally recognised for its immense natural beauty, cultural significance and World Heritage status. As the world's largest sand island, it attracts visitors from across Australia and around the globe for its freshwater lakes, towering rainforests, sweeping beaches, wildlife, fishing and extraordinary four-wheel-drive experiences.
Kingfisher Bay Resort is one of the island's principal tourism and accommodation destinations, offering hotel rooms, villas, restaurants, guided experiences, ferry connections and direct access to the calm western waters of the Great Sandy Strait. The property's relationship with the resort is particularly significant because it is not merely located near a major tourism operator, it is leased by that operator to support its workforce.
Continued investment in K'gari's tourism operations, accommodation, transport services and visitor experiences supports employment and reinforces the importance of suitable staff accommodation close to the resort.
Property on K'gari remains tightly held and transaction volumes are considerably lower than conventional mainland suburbs. Some property platforms currently report five-year suburb growth figures of up to approximately 189.3%; however, the limited number and diverse nature of island sales can cause reported percentages to fluctuate significantly. This property should therefore be assessed primarily on its individual lease, income, outgoings, tenure and investment fundamentals rather than broad suburb averages.
Prospective purchasers should obtain and independently review the complete lease documentation, rental schedule, CPI review provisions, option periods, outgoings obligations, title information and any applicable body corporate or island-related costs before making an investment decision.
CALL ONE OF HERVEY BAY'S TOP REAL ESTATE AGENT'S JASMINE CORRICK ON 0409357337 TO ARRANGE AN INSPECTION OR ENQUIRE ONLINE TO HAVE THE PROPERTY DISCLOSURES AND OPEN HOME TIMES EMAILED TO YOU WITHIN 5 MINUTES
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