SaleClontarf QLD 4019Other184 Hornibrook Esplanade
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Commercial Block + Unit
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184 Hornibrook Esplanade, Clontarf, QLD, 4019, Australia

3Bedrooms
3Bathrooms
534 m²Land size
Map of the surrounding area
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About this Property

Positioned on one of the Peninsula's most tightly held waterfront corridors, 184 Hornibrook Esplanade represents a strategic, income-producing freehold with dual commercial frontages and a fully self-contained three-bedroom residence above.
This is a rare opportunity to secure a blue-chip coastal asset with multiple income streams, strong holding fundamentals, and future value-add potential.

KEY FEATURES:
- Oceanfront 534m² corner site with commanding exposure
- Two ground-floor commercial tenancies with established occupants
- Shop 1 (approx. 65m²)
- Current rent: $21,218 p.a. + GST
- Lease Renewal Agreement2025
- Shop 2 (approx. 76m²)
- Current rent: $38,000–$41,000 p.a. + GST
- Self-contained 3-bedroom residential unit on the upper level
- Current rent: $340/week = $17,680 p.a. (tenant on fixed term to 07/01/2026)
- Fully leased with dependable tenancy history
- Ledger shows consistent payments and stable tenancy performance
- Favourable lease structures with extensions secured through 2027 for commercial tenants
- High-visibility commercial frontage on a major coastal connector
- Future uplift options including refurbishment, re-tenanting, additional signage, or redevelopment (STCA)

INCOME SUMMARY (FROM ATTACHMENTS)
Commercial Income:
Shop 1 – $21,218 p.a. + GST
Shop 2 – $38,000–$41,000 p.a. + GST
Total commercial income (actual): ~$60,887 p.a. (ex GST) per tenancy schedule

Residential Income:
$17,680 p.a. (based on $340/week)

Total Combined Income:
~$78,500–$82,500 p.a.
Low outgoings exposure, with tenants covering consumables per lease terms.

WHY THIS ASSET WORKS
A rare coastal freehold delivering three income streams, strong tenant retention, and outstanding exposure on a gateway Peninsula location.
The blend of commercial stability plus residential upside makes this an exceptional long-term hold with inherent land value on one of Clontarf's highest-demand esplanade corridors.

TENDER DETAILS
Tenders Close: 15 December
Interested parties should request the full Information Memorandum, lease summaries, and financials.

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Buying as an investment property?

We can advance 2 years of rental income upfront.
On any investment property

Investors can receive up to $10,000^ in 48 hours

^estimated from $0/week rent* over 2 years

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* Estimated based on 4% annual rental yield and a $0 property value. Weekly rent estimated at $0 ($0 ÷ 365 x 7 days). Prepayment capped at $100,000. Subject to approval.

Harrison McIndoe

Image Property
+ 61 0412 167 766
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Sheldon Pitama

Image Property
+ 61 0434 381 066
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More Details on 184 Hornibrook Esplanade, Clontarf QLD

How many bedrooms and bathrooms does 184 Hornibrook Esplanade, Clontarf have?

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184 Hornibrook Esplanade, Clontarf is a 3 bedroom , 3 bathroom block_of_units.

Who is the agency that listed 184 Hornibrook Esplanade, Clontarf?

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The agency who listed 184 Hornibrook Esplanade, Clontarf is Image Property - you can contact the agents here.

How many car spots does 184 Hornibrook Esplanade, Clontarf have?

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There were no car spots found on the listing for 184 Hornibrook Esplanade, Clontarf.

How much is 184 Hornibrook Esplanade, Clontarf?

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The price of 184 Hornibrook Esplanade, Clontarf is Commercial Block + Unit - contact the agents to find out more.