8 The Esplanade Picnic Bay QLD 4819
Property Details for 8 The Esplanade, Picnic Bay
8 The Esplanade, Picnic Bay is a 3 bedroom, 2 bathroom House with 8 parking spaces. The property has a land size of 991m2 and floor size of 210m2. While the property is not currently for sale or for rent, it was last sold in February 2016.
Last Listing description (September 2024)
Welcome to your own piece of paradise at 8 The Esplanade Picnic Bay! This stunning beachfront shops/ apartments/house boasts 3 bedrooms, 2 bathrooms, and 3 toilets, making it the perfect retreat for families or those looking for a peaceful getaway. It also has a self contained 2 bedroom Unit for B&B, Rental, or Graney Unit/Children independence.
The property would also suit a future development into a Luxurious Apartment Complex. The site is currently has a MIXED ZONING STATUS - Apartments, Shops, Hotel and Function Center with a 3 Story Height Limit.
Enjoy the wonderful wildlife with the wallabies and birdlife on Magnetic Island which really provides a great relaxing atmosphere for living and/or holidaying.
The Island has a great connection to the mainland with a regular well operated ferry service.
Situated on a spacious 991 sqm lot, this property offers plenty of room to relax and enjoy the beautiful surroundings. With a building area of 190 sqm, there is ample space for entertaining guests or simply unwinding after a long day.
The property features open parking spaces for 8 vehicles, ensuring convenience for residents and visitors alike. The backyard is perfect for enjoying the coastal views and lush greenery, while the shoreline is just steps away for those who love the water.
Don't miss out on this rare opportunity to own a beachfront property in the sought-after Picnic Bay area of Magnetic Island. Contact us today for more information and to schedule a viewing!
Property History for 8 The Esplanade, Picnic Bay, QLD 4819
- 04 Jun 2024Listed for Sale Not Disclosed
- 03 Dec 2022Listed for Sale Price on Application
- 05 Nov 2022Listed for Sale Price on Application
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0About Picnic Bay 4819
The size of Picnic Bay is approximately 4.1 square kilometres. There are 5 parks, covering nearly 77.8% of the total area. The population of Picnic Bay in 2016 was 291 people. By 2021 the population was 367 showing a population growth of 26.1% in the area during that time. The predominant age group in Picnic Bay is 60-69 years. Households in Picnic Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Picnic Bay work in a professional occupation.In 2021, 60.10% of the homes in Picnic Bay were owner-occupied compared with 50.30% in 2016.
Picnic Bay has 382 properties. Over the last 5 years, Houses in Picnic Bay have seen a 115.61% increase in median value, while Units have seen a 69.42% increase. As at 30 June 2026:
- The median value for Houses in Picnic Bay is $741,931 while the median value for Units is $625,911.
- Houses have a median rent of $303 while Units have a median rent of $250.
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