You’ll be neighbours with a famous shipwreck at this $5 million address

You could own a property that’s located next to a piece of history.

The Yidney Rocks Beach Units at Lot 1-5 Yidney Drive in Fraser Island, Queensland, are situated just 25 metres to the beach and are in close proximity to a famous shipwreck.

Washed ashore during a cyclone back in 1935, The Maheno is now one of the island’s most famous wrecks and is located near The Pinnacles.

Listed by McGrath Mooloolaba, the five absolute beachfront units that are being offered as an ongoing business have a price guide of $5 million.

Lot 1-5 Yidney Drive, Fraser Island, Queensland

A block of five absolute beachfront units in Fraser Island, Queensland, are on offer. Photo: McGrath Mooloolaba

As stated on the listing, “repeat bookings are in place for the next two years” with on-site managers overseeing the business.

The current occupancy rate is 75 per cent with mainly repeat customers.

Interiors of the units take on a neutral colour palette and offer undisturbed ocean views from each room.

Interiors for the property, which has a $5 million price guide, take on a neutral colour palette. Photo: McGrath Mooloolaba

Fraser Island is a World Heritage-listed island that occupies more than 123 kilometres of the southern coast of Queensland.

The units offer plenty of tourist activities with their easy access to Lake McKenzie and Eli Creek.

Four other properties for sale in Fraser Island, Queensland

3 Owen Street

The six-bedroom, two-bathroom property has a price guide of $1,275,000. Photo: Harcourts Solutions

23 Eliza Avenue

The five-bedroom, three-bathroom property has a price guide of $1,400,000. Photo: Wal Pavey Real Estate

6 Marloo Avenue

The eight-bedroom, four-bathroom property has a price guide of $1,500,000. Photo: Wal Pavey Real Estate

2 Oldfield Street

The four-bedroom, two-bathroom property is situated in the Eurong township. Photo: Wal Pavey Real Estate

Article source: Queensland Property Investor

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