Iconic Freehold Investment – Established Newsagency, Residence, Unit & Development Land

Rarely does an opportunity arise that combines a successful business, quality real estate and multiple income streams in one outstanding package. Occupying a prominent position in the heart of Cardwell, 83–85 Victoria Street offers a truly unique opportunity to secure an established freehold business together with a spacious family residence, a self-contained investment unit and additional vacant land—all set on a substantial 2,024m2 site with spectacular views across to the iconic Hinchinbrook Island.

Whether you’re an investor seeking diversified income, an entrepreneur looking to own the freehold of your business, or a family dreaming of combining lifestyle and work, this exceptional property delivers flexibility, security and long-term potential.

Four Valuable Assets – One Exceptional Opportunity

This remarkable package includes:

- Established Cardwell Newsagency operating under the highly recognised The Lott – Golden Casket franchise

- Spacious four-bedroom family residence

- Self-contained one-bedroom investment unit

- Additional vacant allotment at 64 Bowen Street, providing future development potential (STCA)

- Freehold commercial premises with excellent Bruce Highway exposure

- Generous 2,024m2 landholding with valuable two-street frontage

An Established Business with a Strong Reputation

Operating from one of Cardwell’s best-known commercial locations, Cardwell Newsagency has become a trusted part of the local community.

Purchased by the current owners in 2013, the business enjoys a loyal customer base while also benefiting from year-round tourist traffic travelling the Bruce Highway. Stocking an extensive range of newspapers, magazines, stationery, gifts, souvenirs, clothing, toys, homewares and lottery products, the business offers multiple revenue streams and the flexibility to suit owner-operators or family businesses.

No specialist industry experience is required, with comprehensive handover and training available to assist the successful purchaser.

Comfortable Family Living

Positioned separately from the commercial operation, the spacious residence provides comfortable accommodation with stunning views across Rockingham Bay and Hinchinbrook Island.

Designed for relaxed everyday living, the home features:

- Four generous bedrooms

- Open-plan kitchen, dining and living area

- Air-conditioned interiors

- Family bathroom with separate toilet

- Elevated outlook capturing cooling sea breezes and spectacular island views

Whether occupied by the business owners or retained as an additional investment, the residence significantly enhances the value and versatility of this package.

Additional Rental Income

Further strengthening the investment appeal is the self-contained one-bedroom unit, offering:

- Air-conditioned bedroom

- Open-plan kitchen and living area

- Combined bathroom and laundry

- Opportunity for long-term rental income or staff accommodation

Combined with the residence and business, this creates an exceptional multi-income investment.

Outstanding Commercial Features

- Freehold commercial premises

- High-profile Bruce Highway frontage

- Exposure to approximately 6,000+ vehicles daily

- Commercial zoning

- Flexible internal layout capable of accommodating multiple retail tenancies

- Approximate 200m2 commercial floor area

- Valuable two-street access

- 33kW grid-connected solar system

- Excellent customer accessibility and visibility

Prime Coastal Location

Positioned on Cardwell’s main commercial strip, you’ll enjoy one of North Queensland’s most enviable business locations. Overlooking the waterfront and Hinchinbrook Island while benefiting from constant highway traffic, this property perfectly combines lifestyle with commercial success.

Conveniently located midway between Townsville and Cairns, Cardwell continues to attract tourists, fishing enthusiasts and lifestyle buyers seeking the relaxed atmosphere of Tropical North Queensland. World-renowned fishing, boating, island adventures and national parks are all just moments from your doorstep.

A Rare Multi-Income Investment

Opportunities offering this level of diversity are exceptionally rare. Secure an established freehold business, quality residential accommodation, additional rental income and future development potential—all within one outstanding coastal property.

Whether you’re seeking a lifestyle change, expanding your investment portfolio or purchasing a thriving regional business with valuable real estate, 83–85 Victoria Street is an opportunity that truly stands apart.

Contact Tamara Stokes at Hinchinbrook Real Estate today to arrange a private inspection or request a comprehensive information memorandum on this exceptional freehold investment opportunity.

Image Disclaimer: Some images used in the marketing of this property have been digitally enhanced using artificial intelligence (AI) to improve overall presentation. Enhancements may include adjustments to lighting, colour, clarity, sky appearance, and the removal of minor visual distractions. The images are intended for marketing purposes only and should not be relied upon as an exact representation of the property’s current condition. Prospective purchasers are encouraged to inspect the property in person and rely on their own enquiries.

Property Code: 1239