This single level, uniquely renovated commercial premises is an excellent opportunity for the astute buyer to purchase a property 100m from the beach. The well located building has 237m of inside floor area and another 50m of undercover deck on an 830m block with potential to renovate into either two commercial tenancies or residential units. It also has the ability to have a second story residential premises added.
The property is being sold with a tenancy in place with the option of vacant possession.
The premises is surrounded by the high tourist area of Urangan, with many resorts, restaurants, Marina, shops and the iconic Urangan Pier all within a few minutes walk.
The size of Urangan is approximately 14.0 square kilometres. It has 23 parks covering nearly 12.6% of total area. The population of Urangan in 2016 was 9764 people. By 2021 the population was 10988 showing a population growth of 12.5% in the area during that time. The predominant age group in Urangan is 60-69 years. Households in Urangan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Urangan work in a community and personal service occupation.In 2021, 66.90% of the homes in Urangan were owner-occupied compared with 60.00% in 2016.
Urangan has 6,682 properties. Over the last 5 years, Houses in Urangan have seen a 88.83% increase in median value, while Units have seen a 94.27% increase. As at 30 April 2026:
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