Retail Convenience Centre With Development Upside


52 Ariadne Street

River Heads QLD 4655




- Bustling retail convenience centre with substantial development upside, existing DA
- Excellent tenancy mix includes IGA supermarket, pharmacy, take-away foods & others
- Busy centre enjoys exclusive trade catchment
- Substantial 2.39 hectare waterfront reserve site with approval for further development
- 686 sqm net lettable area with approval for additional 400 sqm
- IMPORTANT: Approval to subdivide surplus land, and develop 19 duplex residences with stunning waterviews
- Video available online
- Gateway to Fraser Island, River Heads is just 18km from Hervey Bay centre
- Mainland head office for Kingfisher Bay Resort
- Net Income: $187,000 pa + GST (fully leased)

For Sale by Expressions of Interest Closing
4pm Friday 8 April 2016