CBRE from CBRE in conjunction with LJ Hooker Gladstone, are pleased to offer to the market for the first time 1 Pacific Avenue, Tannum Sands QLD 4680 for sale via Expressions of Interest closing Wednesday 24 September 2025 at 3pm AEST.

The property has the following investment highlights:

+ Unmatched opportunity to acquire a unique investment with a diverse set of income streams through long-standing commercial and residential tenants
+ Modern residential and commercial complex, featuring 5 commercial units & 20 residential apartments with a significant waitlist & no history of complex arrears
+ Premium 3,475sqm* NLA 5-storey building with underground car parking, now unrepeatable in today’s construction climate
+ Significant value-add opportunity with the residential component strata-titled but wholly owned under one entity, allowing for the future individual sale of the residential units
+ Considerably below market residential rents, offering enormous future rental upside
+ Supported by four (4) complementary commercial retailers on the ground floor which include both highly successful & longstanding health & fitness and food & beverage operators
+ Investor-preferred lease terms with all commercial tenants paying all usual outgoings as per the leases
+ Favourable review structures with a mixture of annual CPI reviews and fixed 4% annual increases across all commercial tenants
+ Prominent 1,283sqm* corner landholding with 68m* of dual street frontage to Ocean Street and Pacific Avenue and strategic positioning in a popular coastal location
+ Construction completed in 2015 offering the incoming purchaser significant tax saving depreciation benefits
+ Prominently positioned within 550m* of Tannum Sands’ major retail precinct, featuring national brands Coles, KFC, Subway & numerous specialty retailers
+ Unrivalled location within a thriving tourist destination which offers immediate access to the renowned Great Barrier Reef
+ Gladstone Region: known for iconic beaches and tourism, the region is home to 68,065 residents with $20.62 billion in economic output
+ Tannum Sands: illustrious coastal getaway destination where the median unit price has increased 31.3% in the last 12 months
+ Estimated Net Income: $522,819 pa* + GST

For Sale via Expressions of Interest
Closing 3pm AEST Wednesday 24 September 2025

Please contact the exclusively appointed sales team for more information.

*Approx.