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303 Shute Harbour Rd 19,041 SF 100% Leased Retail Building Airlie Beach, QLD 4802 For Sale
Investment Highlights
- Fully leased freehold investment with net income of $259,000 per annum.
- Opposite the approved Port of Airlie hotel project, boosting long-term growth outlook.
- Prominent 789 m² building on Airlie Beach’s main commercial street.
- Maintained building requiring no immediate capital expenditure, supporting strong cash flow continuity.
Executive Summary
An exceptional opportunity exists to acquire a freehold retail and commercial asset of 789 m² situated on Airlie Beach’s main street—a premier destination for tourism, lifestyle, and hospitality. The property is fully leased across seven diverse tenancies, generating a secure nett annual income of $259,000, providing investors with both immediate returns and long-term upside potential. With commanding street frontage along Shute Harbour Road and high pedestrian and vehicular visibility, this asset is located within one of North Queensland’s most vibrant regional growth hubs.
Further amplifying its investment profile, the property sits directly opposite the approved Port of Airlie hotel development, a major enhancement that will drive increased foot traffic and economic activation throughout the surrounding precinct. The building is well maintained, requiring no immediate capital upgrades—presenting a true set-and-forget asset within a market characterized by limited supply of freehold opportunities. Whether for portfolio diversification or strategic capital growth, this highly exposed property offers strong fundamentals in a location poised for sustained demand.
Further amplifying its investment profile, the property sits directly opposite the approved Port of Airlie hotel development, a major enhancement that will drive increased foot traffic and economic activation throughout the surrounding precinct. The building is well maintained, requiring no immediate capital upgrades—presenting a true set-and-forget asset within a market characterized by limited supply of freehold opportunities. Whether for portfolio diversification or strategic capital growth, this highly exposed property offers strong fundamentals in a location poised for sustained demand.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
19,041 SF
Building Class
C
NOI
$178,184
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.24
Lot Size
0.19 AC
Frontage
140’ on Shute Harbour Road
Amenities
- Restaurant
- Security System
- Recessed Lighting
- Air Conditioning
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303 Shute Harbour Rd
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