19 Ware Avenue Causeway Lake, 4703 QLD
Rare Multi-Option Investment | Units + Vacant Land | Causeway Lake, Yeppoon
Positioned in the tightly held family holiday precinct at Causeway Lake, this unique offering combines solid income today with serious upside tomorrow. Enjoy lake views, walk across the road to the holiday park, and capitalise on multiple titles with dual road frontage and scope for further development (STCA).
Purchase Options
Option 1 – Front Complex + Adjoining Block
Inclusions: 5 x 1-bedroom units (road-front) plus the adjoining vacant block
Income: Permanent tenants in place, returning $1,900+ per week (approx.)
Guide: $1,400,000
Indicative gross yield: ~7.06% (based on $98,800 p.a. / $1.4m)
Option 2 – Entire Holding (All Titles)
Inclusions: 5 x completed units + the adjoining vacant block + two additional rear blocks (all on separate titles)
Income: Current return $1,900+ per week from the units (vacant land not income-producing)
Guide: $2,200,000
Indicative gross yield (current): ~4.49% (based on $98,800 p.a. / $2.2m), with substantial uplift potential via development of the additional land (STCA)
Total landholding 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
At a Glance
5 x 1-bedroom units (front of road)
Adjoining vacant block beside the units
2 x additional rear blocks (separate titles)
Combined land area approx. 3,060 m² (flat)
Dual road frontage
Current return: $1,900+ per week (approx.)
Views to Causeway Lake; opposite holiday/caravan park
Guides: Option 1 $1.4m | Option 2 $2.2m
Note: All figures are approximate. 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
For Sale $1,400,000
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Lance Baxter