8 Wansfell Street, Picnic Bay QLD 4819

Positioned on a sunny corner block just minutes from the shoreline, this dual-occupancy property on Magnetic Island presents an outstanding opportunity for investors, owner-occupiers, or lifestyle buyers seeking flexibility and income potential near the beach.

Comprising two self-contained units, each residence offers a different floorplan yet both feature two bedrooms, open-plan living, a bathroom and internal laundry-ideal for dual living, rental income, or holiday accommodation. A double carport with two separate storerooms sits between the units, providing excellent separation and privacy.

Unit 1 is fully fenced and includes a recently built heated magnesium swimming pool, in its own fenced enclosure with space for the outdoor setting and lounges its truly a resort stye in itself. A private verandah overlooks the pool, creating an inviting shady space to relax, entertain, or enjoy island living year-round.

Unit 2, currently tenanted, features its own front verandah with adjustable louvres. Open them to capture the cool sea breezes and enjoy the relaxed Picnic Bay coastal lifestyle.

Ideally located just minutes from Picnic Bay, with its iconic jetty, beachfront restaurants, cafés and seasonal swimming enclosure, this property is perfectly positioned for those searching for Magnetic Island real estate near the beach.

Multiple Options – One Exceptional Property

Live in one and rent the other

Dual income investment on Magnetic Island

Modernise and extend (STCA)

Explore Airbnb or short-term accommodation potential

Ideal for holiday living, permanent residence or investment property

Space for visiting family and friends

A rare dual-living Magnetic Island property offering lifestyle, income and long-term growth-twice the opportunity in one blue-chip island location.

Some furniture included.

Inspection welcome by appointment.

Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a property's land size, floor plans and building age). Accordingly, all interested parties should make their own enquiries and obtain their own legal advice.