418 Scenic Highway

Rosslyn QLD 4703

A genuine opportunity of this calibre rarely comes to market. This established, long held residential/business is currently returning a conservative 9% net yield on a $6M purchase price, with clear upside for further growth.
Investment Highlights
* 9%+ Gross return, verified from day one of current owners managment
* Limited staff required outgoings: rates, services, and marketing only
* Long term trading with a proven income history under owner management
* Full services connected, power, water, and sewerage (a rare find on a site of this scale)
* Livingstone Shire Council, one of the most progressive and development friendly councils on the Australia's east coast, and has indicated support for a range of alternative uses
Expansion & Development Potential The site offers significant scope for value-add, including:
* Enclosed storage for boats, cars, and caravans
* Additional self-storage container facilities
* Two houses with guaranteed rental income
* A further residential building block
* An office and additional shed structures and residential block
* Council support for alternative development pathways, including residential, caravan/tourist park, mixed use, or potentially high rise accommodation, all while the site continues generating 9% gross on holding costs
Why Act Now, this is the first time the property has been offered to market under current ownership. Assets combining full services, immediate income, single staff management, and multiple development pathways at this yield are exceptionally rare on the Capricorn Coast.
Close to Rosslyn Bay Harbour and the thriving town of Yeppoon, with total beach in front of Scenic Highway as well as Great Keppel Island.
Serious buyers are invited to contact us today to arrange further information, financials, and an inspection. Opportunities of this nature move quickly, make contact with us now.(Listing ID: 21190226 )