10/13-15 Pacific Drive, Horseshoe Bay QLD 4819

Beachfront north-facing townhouse | Fully furnished holiday let | Forward bookings included | Metres from sand This property presents a competitively strong, turnkey opportunity in a tightly held beachfront location. Its prime north-facing position on Pacific Drive, with direct water views and sea breezes from the upper living area, is a rare and durable advantage in the Horseshoe Bay market. The unit is fully furnished and sold with an existing holiday letting business, including forward bookings, which translates to immediate income generation and demonstrates proven rental demand. This configuration is ideally served for an investor seeking a low-management entry into the Magnetic Island lifestyle market, capitalizing on repeat guest appeal at the established Sails on Horseshoe complex. The resort-style pool and proximity to cafes and shops further cement its appeal to the holiday rental demographic. The decision hinges on balancing this operational income against defined strata costs and inherent risk overlays. The body corporate fees are material at approximately $10,490 annually, and the presence of bushfire, flood, and heritage overlays imposes potential insurance premiums and restrictions on future modifications. The commercial logic is clear: the property must be held and utilized explicitly as a holiday let to justify its price point; owner-occupation would forfeit the revenue needed to offset the strata levy and would represent a suboptimal use of a business-ready property. Given the provided comparable sale of this same unit at $420,000 in January 2022, the current $550,000 asking price demands scrutiny on the capital growth achieved and requires validation against other recent complex sales to assess fairness. The judgment call is straightforward: proceed only as an investor prepared to actively manage or engage a manager for holiday rentals, as this is the sole model that rationalizes the purchase.