The Phone Code for this property is: 89039. Please quote this number when phoning or texting.

Price reduced to sell at $600,000

~1500 m2 of prime beachfront property (Your own private sandy beach & boat ramp) offered after owning for nearly 20 years.

This is an authentic absolute waterfront with DA approval to build a low set colonial style house with huge veranda as a 256m2 4 b/r house or a reduced size 152 m2 3 b/r with approved engineering structural plans per attached.

This is perhaps ideally suited to city or rural retirees, or maybe for a "COVID escapee", to enjoy a warm Whitsunday paradise with mild sea breezes & fishing 30kopposite Great Barrier Reef.

Was to be our final resting place (but personal reasons precluded this happening). Now with a WRC DA approved 4 bedroom (or 3 b/r), low set colonial style house & ~6m x ~9m shed on rear corner of the block. The shed, with HWS shower, vanity & toilet facilities has been built (~$50,000) with water, sewerage, stormwater, bore water & with underground electricity connected.

An approved Seawall & boat ramp (2006) to stop any seaward erosion, acknowledged by Council for capital improvements ($90 of $150k), hence a semi permanent council rate valuation reduction.

Lot 9/6 (now 6A) Howard street beachfront land
(1,485m2 was part of the original total of 2,305m2 before subdivision, now 27.2 x 84.9m or ~64% of original land area & with a 27.2 frontage including a 4.0m width easement, land [23.155 +50%*4.0]/27.155 or ~90% of original frontage]

COST 1) Original total land price in May 2002, was a total of $230k so allocate 70% =$161k
2) Seawall cost $150k allocate 90% =$126k
3) self contained shed, toilet, bedroom area, shower, HWS, sewerage, fresh water bore, water/waste & underground electricity ~$65k.
4) Driveway & Fences+ boat ramp ~$50k
5) Arch' plans ($90k), redraft plans, planning consultants & WRC fees ($30k), 65% or ~$78k
6) Holding costs @ 30% of total $441k for say 10 years at ave 5-6% for 10 years ~$73k, gives a total sunk costs increasing to >$560k

An amazing opportunity to secure a unique property, probably the last real private beach & boat ramp beach frontage in the "Whitsundays"

Beautiful Bowen seaside golf course is within easy walking distance, just around the corner.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.