Beautiful one day, home the next
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Beautiful one day, home the next

The holidays need never end with this incredible opportunity to buy a premier island property

By KANEBRIDGE NEWS
Tue, Jan 24, 2023 9:22amGrey Clock 2 min

Heading back to the office after a sunny summer vacay is enough to bring on those post holiday blues. For those with the funds though, access to sun, sand and sea need never end with the opportunity to buy this island home and business on one of Australia’s best-known holiday destinations.

Located on the Pacific Ocean side of K’gari Fraser Island off the Queensland coast, Lots 1-5 Yidney Drive offers five three-bedroom holiday units, including manager’s unit, on 806sqm of land just 25m from the sand.

The local shop, bar and bistro are 1km down the road at Happy Valley Township.

Agent Todd McKee from McGrath Real Estate Mooloolaba reports that turnover is slow on the island and the units have a 75 percent occupancy rate with bookings two years in advance. The property last traded 14 years ago.

“This is a trophy buy,” he says. “It is the best spot on K’gari Fraser Island. A major attraction for buyers is that it’s freehold title rather than leasehold. That makes it a more secure proposition.

“We’ve had a lot of inquiry already and we’ve only just started advertising. We’re seeing interest from corporate clients looking to buy to use for client entertainment and staff incentives and rewards. Other buyers just want a slice of the island to call their own.”

K’gari, meaning paradise, is on Butchulla country and is the world’s largest sand island and was listed as a World Heritage Area in 1992. It is known for its natural beauty, drawing visitors each year to its unique landscapes including rainforest, dune, lake and soil systems.

Address: Lots 1-5 Yidney Drive, K’gari Fraser Island

Price guide: $5.9m

Agent: Todd McKee, McGrath Mooloolaba 0418 737 197



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