73 Airport Road, Horn Island QLD 4875

AUD 781,000
For Sale

Property Details

Bedrooms

6

Bathrooms

3

Property Type

House

Description

Property Details: • Type: House

• Bedrooms: 6 • Bathrooms: 3

Description: Land for Sale DA for Eight New Units (Expired) Dual Income Opportunity 73 Airport Road, Horn Island An outstanding development and investment opportunity set on approximately 2,000sqm of land in a beautiful natural landscape. The property enjoys exceptional privacy, with no neighbouring properties on two sides, creating a peaceful and highly desirable setting. The site previously held Development Approval (DA) for eight new units (now expired). Reapplication will be required; however, the prior approval highlights the strong development potential of the land. Relevant documents are available upon request. Currently occupying the site is a two-storey building configured as a potential tenancy, offering rental income: Upstairs: 4-bedroom unit, last rented at $600 per week Downstairs: 2-bedroom unit, last rented at $400 per week Combined rental income of $1,000 per week (approx. $52,000 per annum). The dwellings are in basic condition, with a total of 6 bedrooms and 3 bathrooms, and may be rented as-is or upgraded over time. Key Features: Approx. 2,000sqm land parcel DA for 8 units (expired reapplication required) Existing dual-income property No neighbours on two sides Set within a stunning natural environment Approximate council rates: $7,000 per year This property presents a rare combination of potential rental income, future development potential, and privacy in a natural setting, making it ideal for developers or investors. For further information or to obtain DA documentation, please contact me. Phone enquiry code for this property : 0406

Location

Address

73 Airport Road, Horn Island QLD 4875

City

Horn Island

Features and Finishes

None

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