38 Shell Street,

Urangan

A substantial coastal landholding, proven neighbouring subdivision success and million-dollar sales along the street. The seller is committed to achieving a result.

Positioned just a short stroll from the Esplanade and beach, 38 Shell Street presents an outstanding opportunity for developers, investors, renovators and buyers seeking to secure a substantial landholding in one of Hervey Bay's desirable coastal locations.

Set on approximately 1,014m2, the property offers an existing residence with potential to renovate, landbank or investigate future subdivision and redevelopment opportunities, subject to council approval.

Neighbouring Subdivision - Combined Sales of $984,000

The adjoining property at 40 Shell Street was subdivided into two approximately 506m2 allotments, with reported sales achieving:

40 Shell Street - 506m2 - $499,000

40A Shell Street - 506m2 - $485,000

Combined sale proceeds - $984,000

These neighbouring transactions demonstrate demand for smaller coastal allotments in the immediate area and provide valuable market evidence for buyers considering future development opportunities.

Proven Premium Sales Along Shell Street

The street has demonstrated its ability to attract strong property prices, including:

39 Shell Street - Sold for $1,350,000

50 Shell Street - Sold for $950,000

43 Shell Street - Sold for $925,000

47 Shell Street - Sold for $875,000

The established sales history, combined with neighbouring subdivision activity, highlights the appeal and potential of this coastal location.

Property Highlights

Generous 1,014m2 allotment

Existing two-bedroom, two-bathroom residence

Two separate living areas

Air conditioning and polished timber floors

Large double shed and additional parking

Swimming pool

Short stroll to the Esplanade and beach

Convenient access to Urangan Pier, Marina, cafes and shopping

Potential to renovate, landbank or investigate subdivision (STCA)

Seller Committed to Sale - Cash Buyers Encouraged

The seller's instructions are clear: achieve a sale, with expectations reflecting genuine motivation.

The seller is prepared to consider competitive offers, particularly from cash buyers who can provide certainty, straightforward conditions and a short settlement timeframe.

This property will be offered for sale by auction, creating an opportunity for buyers to secure a substantial coastal holding in a location supported by strong surrounding sales evidence.

Cash buyers and those in a position to act immediately are strongly encouraged to inspect and register their interest.

The seller is also willing to consider unconditional offers prior to auction, with flexible settlement arrangements available for the right buyer.

An Opportunity Worth Acting On

With 1,014m2 of land, neighbouring subdivided allotments achieving a combined $984,000 and established residential sales exceeding $1 million along Shell Street, this property presents a compelling opportunity.

Whether you're looking to renovate, invest, landbank or investigate future development possibilities, 38 Shell Street deserves serious consideration.

AUCTION - UNLESS SOLD PRIOR

Auction Date: To Be Announced

Inspections: By Appointment and Scheduled Open Homes

• Agent interest For further information, auction documentation or to arrange an inspection, contact:

Jai Ingram

0408 192 192