For Sale

70 Yappar Street, Karumba, Qld 4891

For Sale via EOI closing Tuesday 8 Sept at 4pm

House

Type

Bedrooms

Bathrooms

1,064 m²

Area

Last updated on Saturday, August 01, 2026 ( See property details for 70 Yappar Street, Karumba, Qld 4891)

For Sale via EOI closing Tuesday 8 Sept at 4pm

Stacey Quaid Managing Director

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 10-unit accommodation complex on a strategic corner site in Karumba, ideal for tourism, workforce housing, or rental income with future development potential.

🏡 Property Highlights

Fully self-contained 10-unit accommodation complex with private ensuites
Strategic corner location on a 1,064m² freehold site in Karumba
Versatile use potential including tourism, workforce housing, or residential rental
Established infrastructure with communal kitchen, dining, and laundry facilities
Ability to lease individual units or the entire complex
Future value-add opportunities (STCA) on industry-zoned land

✨ Key Features

10-bedroom self-contained accommodation complex
Private ensuites and external covered patio areas to each unit
350m²* under-roof accommodation facility
Communal kitchen, dining and laundry facilities
Industry zoned land
Corner allotment
Fully fenced
Water tank
Open-Plan Living
Built-in Robes

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70 Yappar Street

Karumba, QLD 4891

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Suburb and Property Insights of Karumba, QLD 4891

Karumba is a vibrant coastal town renowned for its fishing, tourism, and relaxed lifestyle. The suburb offers strategic access to local amenities, a strong community atmosphere, and significant potential for growth. Its scenic waterfront views and strategic location make it an attractive destination for both visitors and residents. The area benefits from ongoing development and a stable economic environment, ideal for investment. With a focus on tourism and lifestyle, Karumba presents a unique opportunity for property investors seeking a versatile asset in Far North Queensland.

Frequently Asked Questions

What are the current occupancy rates and rental yields for this property?

As the property is currently listed for sale, specific occupancy rates and rental yields are not provided. Potential investors should conduct their own due diligence or contact the agent for detailed financial performance data.

Are there any planning restrictions or future development approvals required for potential value-add projects?

Any future development or modifications would require approval from local planning authorities. The property is on industry-zoned land, which may facilitate certain development opportunities subject to council approval (STCA).

What are the ongoing costs associated with maintaining the complex?

Ongoing costs typically include council rates, maintenance, utilities, and management fees. Specific figures should be obtained from the current owner or property manager.

Is there any existing management or operational support in place for the accommodation units?

The listing does not specify management arrangements. Investors may choose to manage the property themselves or engage a property management service.

Are there any easements, covenants, or zoning restrictions affecting the property?

The property is on industry-zoned land, which generally allows for various uses. However, detailed zoning and easement information should be verified with local council records.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance expenses not disclosed in the listing? Has the property been inspected for structural issues or pest infestations? Are there any zoning or planning restrictions that could limit future development or use? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any existing easements, covenants, or rights of way that could affect the property’s use? What are the current council rates and any additional levies or fees? Are there any ongoing disputes or legal issues associated with the property? Has the property been compliant with all relevant building codes and safety standards? Are there any planned infrastructure projects or developments nearby that could impact the property? What are the terms and conditions of the current lease arrangements for individual units?

70 Yappar Street, Karumba, Qld 4891 - More Details

For Sale via EOI closing Tuesday 8 Sept at 4pm

Whether for tourism accommodation, workforce housing or long-term rental, this fully self-contained 10-unit accommodation complex offers a flexible investment opportunity in the heart of Karumba.

Under instructions from Kathryn Evans, Vaughan Strawbridge and Ben Campbell of FTI Consulting, as Administrators of A.G. Raptis (Karumba) Pty Ltd (Administrators Appointed), Colliers presents 70 Yappar Street, Karumba QLD 4891 for Sale via an Expressions of Interest campaign closing 4pm Tuesday 8 September 2026.

Situated on a 1,064m²* freehold corner allotment with Industry zoning, the property is improved with a 350m²* under-roof accommodation facility comprising 10 self-contained units. Each unit includes a private ensuite and is equipped with beds, televisions, fridges, cooking appliances and linen.

The complex benefits from communal kitchen, dining and laundry facilities, providing a practical accommodation solution suitable for a variety of operating models.

With established accommodation infrastructure already in place, the property presents potential for tourism accommodation, workforce housing or residential rental use, together with future value-add opportunities (STCA).

Features:
- 10-bedroom self-contained accommodation complex
- Private ensuites and external covered patio areas to each unit
- Ability to lease individual units or the entire complex
- Suitable for tourism, workforce accommodation or residential rental (STCA)
- 1,064m²* freehold corner site
- 350m²* under-roof
- Industry zoned land
- Strategic location within Karumba

70 Yappar Street, Karumba QLD 4891, is offered for Sale via Expressions of Interest campaign closing Tuesday 8 September 2026 at 4pm.

For more information, contact Stacey Quaid on 0418 773 258.

*approximately
^Outlines indicative only

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Colliers - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors - office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers is Australia's own global real estate success story.

Type: House
Bedrooms: 10
Bathrooms: 10
Area: 1,064 m²
House Size: 345 m²

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Stacey Quaid

70 Yappar Street, Karumba, Qld 4891

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