Investment Opportunity - 6% Net Return in Hervey Bay, QLD
Land/Development - URANGAN QLD
Shop 4, The Place, 8 Pier Street, Urangan, Hervey Bay
A secure investment opportunity in one of Hervey Bay’s most visited coastal precincts. This well-positioned retail tenancy is leased to Anglers Den, a long-standing local business that has serviced the Urangan community and visiting anglers since 1991.
Key Details
• Tenant: Anglers Den
• Lease Term: 5 + 5 years (commenced 1 January 2025)
• Net Rent: $21,350 per annum + GST + Outgoings
• Floor Area: 61m²
• Sale Price: $356,000 (Going concern)
• Net Return: 6%
Located within The Place, a modern mixed-use complex near the iconic Urangan Pier, this tenancy sits in a high-traffic area surrounded by popular cafes, restaurants, and tourist operators. Urangan is a key destination for visitors drawn to fishing, whale watching, and the relaxed coastal lifestyle that defines Hervey Bay.
This property offers investors a reliable income stream, a quality tenant with strong local roots, and an enviable position in one of the Fraser Coast’s most active retail zones.