1 Lewis Street, Airlie Beach QLD 4802

This dual-income property at 1 Lewis Street, Airlie Beach, offers a unique investment and lifestyle opportunity in a highly sought-after location. Situated on a substantial 607 square metre block with approved zoning allowing for development up to 12 meters, it provides ample scope for future growth.

The home has been freshly renovated and offers panoramic ocean views, enhancing its desirability. Comprising two distinct living spaces under one title, the ground floor features a three-bedroom, two-bathroom residence complete with a large deck designed for entertaining and enjoying the coastal outlook.

Upstairs, a self-contained one-bedroom, one-bathroom apartment with its own living area and kitchen facilitates flexibility. This configuration appeals to investors seeking a dual rental income or owner-occupiers looking to live in one unit while benefiting from rental returns from the other.

• Potential to lease the entire property as a single income unit.
• Option to split tenancy and rent each dwelling separately.
• Opportunity to reside in one part while renting the other to offset mortgage costs.
• Possibility to explore short-term holiday rentals (subject to council approval) taking advantage of Airlie Beach's booming tourism.
• Space on the flat rear section of the block to add amenities such as a pool, enhancing lifestyle value and rental appeal.

Beyond investment merits, the property is perfectly positioned close to Airlie Beach's restaurants, lagoon, and marina, within an easy stroll yet elevated to provide a tranquil setting away from street noise with direct water views.

This versatile offering is ideal for a range of buyers including savvy investors, those interested in house hacking, or developers aiming to capitalise on zoning allowances.

The property will be sold at auction on site on Saturday 3 October at 1pm, presenting a rare chance to secure a notable asset in one of Queensland's most tightly held coastal pockets.

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.