This sprawling island waterfront property has a home, visitor lodging, a shed and priceless views.

And it may very well be yours for the worth of common home in a capital metropolis.

However there’s a catch. An enormous one. It wants some work. Plenty of work.

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An entire QLD island for the price of a Sydney home? Seriously!

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The home wants some work

Positioned at Lot 151 Cockle Bay Drive, the 1.3 acre property is at Cockle Bay on Magnetic Island, and has sea views throughout to Townsville’s iconic Fortress Hill.

Cockle Bay is residence to vacant land, principally owned by the state authorities, and some non-public properties, in line with RP Information.

Entry is through a dust street or boat, making it the final word escape from the rat race.

It is usually a brief paddle by way of the calm blue waters to the historic SS Metropolis of Adelaide shipwreck, a passenger steam ship that launched from Scotland in 1863, was later transformed right into a cargo transport ship after which was gutted by fireplace in 1912 earlier than being run aground at Cockle Bay in 1913.

At the moment, the “Insta-famous” shipwreck continues to be seen however has been reclaimed by mangroves and sealife, making it a preferred photograph spot for social media influencers and vacationers.

{A photograph} taken by Magnetic Island Tourism of the shipwreck of SS Metropolis of Adelaide was probably the most appreciated snap on Instagram in 2018. Supply: Townsville North Queensland

The property itself is “dotted with old accommodation buildings and sheds”, with the buildings “mostly in a state of disrepair”.

It’s being bought freehold by the State of Queensland, and is listed on the market by tender with Better of Magnetic Actual Property agent Alex Strens.

And what would have been an superior spot for swim again in its heyday!

The tender closes at 4pm on January 22.


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