17 Ware Avenue Causeway Lake QLD 4703

Positioned in the highly sort after location and family holiday precinct of the Causeway Lake, this unique offering combines solid income today of 5 Units with very solid returns and with serious extra growth tomorrow. Enjoy lake views, walk across to a quality fish and chip takeaway, with an exclusive entry and a quiet holiday feel.
Here is a 5 unit complete fully rented and on 4 separate titled blocks if buying the full property. Or capitalise on a a part purchase with purchase of the units and separe block only. Thge full property comes with dual road frontage and scope for further development (STCA).

Purchase Options

Option 1 – Front Complex + extra Adjoining Blocks

Inclusions: 5 x 1-bedroom units (road-front) plus the adjoining vacant block

Income: Permanent tenants in place, returning $2000+ per week (approx.)

Price Guide: $1,400,000

Indicative gross yield: ~7.06% (based on $104,000 p.a.)

Option 2 – Entire Holding (All Titles) 4 separate blocks.

Inclusions: 5 x completed units + the adjoining vacant block + two additional rear blocks (all on separate titles) with road access.

Income: Current return $2000+ per week from the units, extra vacant land to sell or build on.

Guide: $2,500,000

Total land size provides approx. 3,060 m² of near-level land across three blocks, each on separate titles, with dual road frontage.

Why You’ll Love It

Blue-chip location: Exclusive Causeway Lake address in a sought-after holiday corridor of Yeppoon

Immediate income: 5 x 1-bedroom units with permanent tenants; VAST appeal for holiday or short-stay strategies (subject to approvals and repositioning)

Expansion potential (STCA): Consider additional units, waterpark, tennis courts, kids’ playgrounds, or convenience retail to transform the site into a destination asset

Visibility & access: Dual street frontage, lake outlooks, and opposite the popular holiday park

Flexible deal structure: Buy the front complex with the spare block now, or secure the entire multi-title holding for maximum long-term potential

Note: All figures are existing at this present time and changes may occur with market changes. Development is subject to council approval. Buyers should conduct their own due diligence regarding yields, site capacity, services, and approvals.

Enquiries & Inspections
Lance Baxter – 0409 101 963
Email: lance@fncomplete.com.au