This well designed, practical Duplex consisting of two 260m2 4 bedroom plus study is currently tenanted returning $800/week. Situated almost opposite the Marina entry in the spectacular Pacific Harbour Estate, this investment property has to offer the investor an upside when the market recovers.
Banksia Beach is a suburb of Bribie Island which is 38km long and 8km wide. Most of the island is uninhabitable national park and forestry plantations.
Due to the land shortage in and around Brisbane, Banksia Beach and surrounding suburbs are becoming increasingly popular to families looking for an affordable lifestyle close to beaches and nature. There is a bus service on the island and Brisbane CBD is an easy 48km drive away. A short 15min drive with take you to Caboolture electric train.
There are childcare centres, a primary and secondary school close by.
The main shopping centre is at Bellara, comprising a Woolworths supermarket and a Target store, as well as a number of nationally-known companies such as Dick Smith Electronics, Rockmans and Gloria Jean’s Coffees. In addition the island has an Aldi store and two large IGA supermarkets located at Bongaree and Banksia Beach. Traditional “strip” development of shopping facilities around the island provides a comprehensive array of retail businesses such as hardware stores, medical centres, newsagents, chemists and food outlets.
There are two large, modern hotels – The Bribie Island Hotel at Bellara and the Blue Pacific Hotel on the ‘surf side’ of the island at Woorim. Residents and visitors often prefer to visit local clubs such as the large and award-winning Bribie Island Citizens and RSL Club, the two bowls clubs at Bongaree, the Surf Life Saving Club at Woorim on the ‘surf side’, and the small Solander Lakes Bowls Club at Banksia Beach. There is a well established golf club at Woorim, with a second golf course and club house recently completed at Banksia Beach as part of the Pacific Harbour development. A small twin cinema was established in 2001 on McMahon Street.