PERFECT INVESTMENT PROPERTY FOR YOUR SELF MANAGED SUPER FUND
With a shop at the front currently leased to a hairdressing salon, and two units at the rear rented by two long term tenants, this is a perfect and very rare kind of opportunity to invest on the Esplanade.
Point Vernon boasts some of Hervey Bays most beautiful ocean views which can be enjoyed from the front shop as well as the top floor unit. Not only a great investment opportunity, but this property would also suit the business owner dreaming of running the business from their Esplanade home.
The size of Point Vernon is approximately 4.8 square kilometres. It has 14 parks covering nearly 16.4% of total area. The population of Point Vernon in 2016 was 5699 people. By 2021 the population was 5718 showing a population growth of 0.3% in the area during that time. The predominant age group in Point Vernon is 60-69 years. Households in Point Vernon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Point Vernon work in a professional occupation.In 2021, 72.30% of the homes in Point Vernon were owner-occupied compared with 67.60% in 2016.
Point Vernon has 2,958 properties. Over the last 5 years, Houses in Point Vernon have seen a 98.76% increase in median value, while Units have seen a 98.18% increase. As at 31 March 2026:
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