An unparalleled opportunity has arrived on the highly sought-after Toogoom Peninsula. Located at 67 Moreton Street, Toogoom, this iconic freehold property offers a rare combination of multiple residence's plus strong yields, diversified income streams, and a prime coastal location in the rapidly growing Fraser Coast region. Live in and enjoy the income from your diversified asset or lease out the residence to enjoy greater returns! The current owners are enjoying the two bed residence along with the shed and will sign a lease for a minimum 12+ month term to be decided by the incoming buyers and the sellers. OPTION 1 ~ Boasting 5 fully leased tenancies, this high-performing asset generates over $132,000 net per annum, representing an impressive 6.8% return + outgoings. The diverse tenant mix ensures exceptional stability and cash flow security. OPTION 2 ~ Live in the two bedroom residence offering coastal views whilst capitalising on the return from the balance of 4 leases. OPTION 3 ~ Utilise the 3 Bay Shed whilst capitalising on the return from the balance of 4 leases. Key Property Features Diverse Income Streams: Five unique, fully leased tenancies providing an immediate and reliable passive income. Enjoy this premium 2-Bedroom Residence complete with stunning ocean views and complimented by an established Tenant Mix: Including the popular local hotspot Salty’s Cafe, the established Property Together Realty office, a high-performing 1-Bedroom, 1-Bathroom Airbnb, and a spacious High Bay Shed. Excellent Returns: Generating $132k+ P/A + outgoings, yielding a strong 6.8% return on investment. Strategic Location: Situated on the renowned Toogoom Peninsula, just a short 20-minute drive to the Hervey Bay CBD and Major Hospital, and only 30 minutes from the Hervey Bay Airport. Connnectivity: Easy travel and tourism access with direct flights from Hervey Bay Airport to Brisbane, Melbourne, and Sydney. Buying Confidence: A formal bank valuation is available upon request for qualified buyers. Properties of this caliber in the booming Fraser Coast market are exceptionally rare. Whether you are looking to fortify your commercial portfolio or secure a landmark piece of coastal real estate with immediate upside, 67 Moreton Street delivers on every front. Contact Andrew today to request the bank valuation and secure your inspection of this premier freehold asset 0438 268 424. Disclaimer In preparing this information we have used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchase are encouraged to conduct their own research & enquires to verify the information contained herein.
RealistIQ deal score
Neutral value signal
12
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 67 Moreton Street, Toogoom before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is 20%+ above RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $824,000 - $1,346,000Wider ranges mean more uncertainty.
RealistIQ estimate$1,085,000
Market price guide$1,950,000
$824,000$1,346,000
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