Main Street Airlie Beach Boutique Investment Opportunity!

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287 Shute Harbour Road, Pavilion Arcade, Airlie Beach QLD 4802

Offers

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$750k - $825k High Confidence Calculated based on strong search observations.

Unit 1 Bed 1 Bath 64 m²

Listed: 56 days ago

Updated: 35 days ago

Overview

This modern 1-bedroom apartment, part of the Pavilion Collections at Pavilion Arcade in Airlie Beach, offers an attractive investment or a comfortable lifestyle opportunity in a vibrant coastal town. Its recently built structure encompasses a well-sized 64 square meter living space, presenting a functional environment ideal for those seeking low-maintenance living or a holiday rental asset.

Currently operating as a holiday-let, the apartment comes fully furnished and air-conditioned, allowing for seamless entry into the rental market with forward bookings already secured. This turnkey setup offers immediate income potential, making it particularly appealing for investors looking to capitalize on Airlie Beach's burgeoning tourism sector.

Ownership also suits individuals wishing to enjoy the conveniences of Airlie Beach. The locale grants easy access to a variety of dining options, retail shops, cafes, and the ferry terminal, enabling a lifestyle enriched by both leisure and convenience. The dynamic town is experiencing significant development with projects like the Airlie Beach Skyway Cable Car and the Port of Airlie Hotel Development, enhancing its appeal for both residents and visitors.

For those with a commercial outlook, there is also an opportunity to acquire adjacent units 3 and 4 alongside unit 2, enabling a package purchase that could diversify investment returns and expand rental capacity.

Overall, this apartment represents a rare chance to secure a foothold in the heart of Airlie Beach's evolving property landscape, blending location, lifestyle, and investment potential in a single package.

Local Market Insights

In Airlie Beach, Quiet Listings observed 9 new units entering the market over the last 30 days, unchanged from 9 in the prior period, with an average advertised asking price of $699,889. The property type mix of listed properties is predominantly Houses at 52%, followed by units (22%), and land (10%). The most active agency for units in the Airlie Beach area is currently Belle Property, representing 56% of new listings, followed by Ray White with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.