Colliers are pleased to present to the market the Woolshed Eco Lodge located at 181 Torquay Road in Scarness (Hervey Bay) for sale via an Expression of Interest process. The Woolshed Eco Lodge is successful hospitality operation with a long history of strong trading results within the Hervey Bay tourism market. With the owners now prepared to sell the property with a 3 year lease back the opportunity exists for investors and developers to acquire a significant landbank with holding income or for a new owner to continue with the business and in the future to take advantage of the development approval for a new resort style apartment project.
The property is situated close to the Scarness beach and foreshore activities between the commercial centre of Pialba and the boating and lifestyle centre of Urangan. The approved development scheme includes a 28 apartments over 3 level above a ground floor carpark wrapping around a lushly landscaped pool and entertainment area. The project designers have put together a scheme which been created with cost effectiveness in mind to produce a scheme that is as buildable as it is attractive to the residential market.
The Fraser Coast Region has a population of over 110,000 which is expected to grow at a rate of 1% per annum out to 2041. The majority of this population, about 70,000 people, live in Hervey Bay and its surrounding coastal and inland communities. By 2041 around 90,000 persons, representing 70% of the region's growth, are forecast to live in Hervey Bay and these surrounding communities that the City Centre services.
The Woolshed Eco Lodge key attributes include:
• Rare opportunity to acquire a significant land holding supported by a successful tourism operator
• Owners offering 3 year lease back
• Options for long term hold, redevelopment and repositioning of the trading business
• 4,054m² medium density residential site
• 2024 planning approval for 28 apartments over 3 levels (no basement)
• DA allows for staged development of the Project
• High level of accessibility to major metro populations
• Access to existing service infrastructure network
• Proximity to the established retail and commercial centre of Pialba including major supermarkets, restaurants, businesses and medical services
The period for submitting Expressions of Interest closes at 4pm on Thursday 5 June 2025. Please contact the exclusive agent below for a confidential discussion about the property, to receive the Information Memorandum and to gain access to the Due Diligence material.
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