33 King Street Yangan QLD 4371

The vendor will Consider All Pre-Auction offers.

Concept Approved Development, 12 Residential Units.
Creek Frontage Residential Development Site

Up for auction: 2 Existing titles plus 2 Existing buildings plus Existing Income Plus 7 Acres Concept approved Development Opportunity.

Please get in touch with the agent for a price guide. Bids are considered before the auction; all offers are presented to the vendor.

Kindly note the following details regarding this property:
The vendor's intention to retire presents a unique opportunity. The total size of the property, including Sections One and Two, is 7.39 acres, it can also be purchased separately.
Section 2 encompasses 28700 m², featuring a fully functional commercial building, marked lot no: 2 on the development map.
Section 1 covers 1214 m² and includes an existing house with its own title, currently tenanted, available for separate purchase.

The entire development, incorporating both existing titles, amounts to 29,914 sqm or 7.4 ha, and is currently commercially zoned. This allows for the development of multi-residential estate or a long-term over-50s resort, subject to council approval.

Section 2 previously operated as a shop offering excellent exposure on the main street. The building is fully equipped with five large cold rooms, one large freezer room, a smokehouse, loading dock, and a storage shed. While not currently tenanted, the previous rental income was approximately $52,000 per annum. Exceedingly popular amongst Yangan locals and tourists.

located on Yangan's main road, just 15 km from Warwick (also known as Rose City) and about the same distance from Killarney. The building has the potential for a residence, cafe, or pub conversion, presenting a promising income opportunity.
Viewing is strictly by appointment. For further information, kindly contact the agent, on 0490 844 724.