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5 Cunningham Street, Dunwich, QLD 4183, 30 Bedrooms, 6 Bathrooms, Unit

Offers Received

5 Cunningham Street, Dunwich, QLD 4183

30
6
1461m2
UnitListed on Mon Aug 26

Dunwich 30 Bedroom Unique Development Opportunity on 1461m2 with huge potential ROI

Nestled in the heart of Dunwich on picturesque North Stradbroke Island this exceptional 1,461m? development site is a unique property that should not be missed. Set on two titles the property offers a world of endless opportunities.

The property can comfortably accommodate up to 140 people making it an ideal short or long term rental investment opportunity.

The current configuration is 80 rooms in total 7 of which have been turned into 2 x 2 bedroom apartments and 7 bathroom areas and 2 rooms are being used for laundry storage. The property could also be completely re - configured to units, a boutique resort or many other options with such a large parcel of land on offer (subject to council approval)

It boasts captivating views of Moreton Bay and is conveniently located within walking distance to serene beaches, local shops, amenities, vehicle and passenger ferries as well as the ever-popular Stradbroke Island Brewery. This ensures future guests will have easy access to shopping, dining, and entertainment just a stone's throw away.

The property can be sold as an entire parcel including the land on the corner of Oxley Parade and Cunningham Street or it can be sold separately.

The rooms are a perfect opportunity to provide staff accommodation for the island due to the ongoing shortage (staff are paying approximately $250 - $300 per week per room which represents an incredible return)

Don't miss this once-in-a-lifetime opportunity to shape the future of this remarkable property. With Dunwich's charm and the allure of this coastal paradise the opportunities are endless. Contact us today to schedule your private viewing and make this island paradise your future investment.

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Dunwich State School
0.41 km
Primary
Prep-6
Government
icsea: 924
Cleveland District State High School
14.37 km
Secondary
7-12
Government
icsea: 1027

Property history

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Dunwich surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
90 Beelong St, Macleay Island
10.13 km
3
2
-m2
Year 2024 Month 12 Day 19
$690,000
Council approved
68 Coondooroopa Dr, Macleay Island
10.21 km
3
2
160m2
Year 2024 Month 12 Day 18
$490,000
Council approved
6 Mooroondu Street, Coochiemudlo Island
10.14 km
5
2
-m2
Year 2024 Month 11 Day 07
-
Council approved
15 Ooyan Street, Coochiemudlo Island
9.85 km
2
1
-m2
Year 2024 Month 10 Day 24
$670,000
Council approved
185 Kate Street, Macleay Island
10.26 km
0
0
-m2
Year 2024 Month 09 Day 20
$175,000
Council approved

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Ref:L28450950Last update:2024-12-17 05:57:08