This property provides a unique opportunity within the Whitsundays. It is located in Waterson Way, literally a minute walk to main street Airlie Beach. It is located on a rectangular shaped block of land of 1,045 square metres. It is currently improved with a 2,063 square metre building. It has previously been leased to Vic Hislops Shark Show, car parking facilities, storage sheds and even contains a residential apartment. The building posses street frontage to Waterson Way loop road and a basement car-park.

The development potential for this site is endless, with the ability to either, renovate, extend or knock down and build up-to four levels (subject to council approval). It has a commercial zoning. The property currently has four leases that have been strategically aligned to expire in April 2008, allowing it to be either purchased with vacant possession or for the new land lord to renegotiate lease terms. There is also further potential for holding income as the building is not currently completely leased. The purchasers imagination is the key to this site, with the potential for such diverse uses as office space, a trendy backpackers, storage facility, car parking, strata-title, redevelopment, there really is a 101 uses.

This opportunity is worthy of an inspection as there is certainly more to it then meets the eye