17 George Street, PIALBA QLD 4655

8 DWELLINGS, 1 INCREDIBLE INVESTMENT OPPORTUNITY!

Block Of Units - PIALBA QLD

Multiple income streams, an impressive 1,890m² allotment and a prime position just minutes from the beach – this is an investment opportunity you won’t want to miss! Perfectly positioned in the heart of Pialba, 17 George Street presents an exciting chance to secure an established, income-producing property featuring seven 2-bedroom units plus a separate 3-bedroom residence. With eight dwellings, proven rental history and plenty of potential to add further value, this is a rare opportunity to invest in one of Hervey Bay’s most convenient coastal locations.

For investors seeking immediate income with exciting possibilities for the future, this property delivers on every level! The well-established complex has provided consistent rental returns over many years, with long-term tenancies and practical, low-maintenance layouts making it an appealing addition to any investment portfolio. Each of the seven units features two bedrooms with built-in wardrobes, open-plan kitchen, living and dining areas, a bathroom with combined laundry and allocated carport accommodation. One unit has already undergone a stylish renovation, showcasing a modern kitchen, updated appliances and refreshed bathroom, offering a fantastic example of the potential to further improve the remaining residences and enhance future rental returns.

Adding even more appeal is the separate 3-bedroom home, privately positioned on the allotment and offering its own living and dining spaces, functional kitchen and outdoor area. Whether retained as an additional rental, utilised as an onsite manager’s residence or considered for owner-occupation, this valuable inclusion provides flexibility rarely found in an investment of this scale.

And the location is another major drawcard! Just an approximately five-minute walk from the beach and Esplanade, residents can enjoy the very best of Hervey Bay’s relaxed coastal lifestyle. With WetSide Water Park, Seafront Oval, Pialba Place Shopping Centre, cafés, restaurants, schools and everyday conveniences all close by, this central position offers excellent appeal for tenants and long-term investors alike.

Property Highlights:

– Rare investment opportunity featuring 8 dwellings on one 1,890m² allotment
– Seven 2-bedroom units plus a separate 3-bedroom residence
– Established investment complex with proven rental history and multiple income streams
– Long-term tenancies providing established holding income
– Exciting opportunity to renovate and potentially increase future rental returns
– Low-maintenance layouts designed for comfortable, practical living
– Convenient onsite car accommodation
– Fantastic central Pialba location, approximately five minutes’ walk to the beach

The Seven Units:

– Seven well-proportioned 2-bedroom units with built-in wardrobes
– Open-plan kitchen, living and dining areas
– Practical bathrooms with combined laundry facilities
– Functional kitchens and easy-care interiors
– One tastefully renovated unit with modern kitchen, appliances and bathroom
– Allocated carport accommodation
– Excellent scope for further improvements and value-adding opportunities

The Separate Residence:

– Three generous bedrooms
– Spacious living and dining areas
– Functional kitchen with ample storage
– Family bathroom with separate toilet
– Private outdoor space
– Privately positioned away from the units
– Potential for additional rental income, owner-occupation or onsite management

Location Highlights:

– Approximately five-minute walk to Hervey Bay’s beautiful beaches and Esplanade
– Walking distance to WetSide Water Park and Seafront Oval
– Close to Pialba Place Shopping Centre, cafés, restaurants and the Hervey Bay Hotel
– Convenient access to local schools, medical facilities and public transport
– Minutes from Hervey Bay’s CBD and major shopping precincts
– Easy access to the University of the Sunshine Coast’s Fraser Coast campus

Eight Dwellings. Multiple Income Streams. Outstanding Potential!

Whether you’re looking to expand your investment portfolio, secure an established income-producing asset or capitalise on future opportunities to add value, 17 George Street offers a combination of scale, flexibility and location that’s increasingly difficult to find.

Opportunities to secure eight dwellings in such a prime coastal position don’t come along every day! With established rental income, potential for further improvements and the beach just a short walk away, this is an investment worth getting excited about.

Contact exclusive listing agents Kim Carter and Brad Mitchell today for further information or to arrange your private inspection!