11/1-3 Normanby Street

Occupying the entire top floor and spanning an extraordinary 508m², this remarkable penthouse delivers a rare blend of scale, beachfront lifestyle and outstanding income opportunity. Positioned above boutique cafés and directly opposite the ocean, it offers an elevated foreshore experience rarely found on the Capricorn Coast. With the only other residence in the building already operating as a highly successful holiday rental, the investment credentials are proven. A recent holiday-letting appraisal for 11/1-3 Normanby Street suggests nightly rates of approximately:

• $1,000 per night during school-holiday peak periods
• $630 per night off-peak To make this simple, here's what that could look like annually:
• At 50% occupancy: approx. $150,000 gross per year
• At 75% occupancy: approx. $207,000+ gross per year (Figures indicative only and based on holiday-letting estimates.) An Entertainer's Dream on the Water: Formerly home to a celebrated bar and events venue, the penthouse's proportions are nothing short of spectacular.

The vast 308m² wraparound balcony captures sweeping ocean views and sea breezes, creating the ultimate setting for hosting family, friends or guests while overlooking Yeppoon's glittering foreshore. Inside, the flexible layout includes five bedrooms, three bathrooms and multiple living zones, plus a self-contained two-bedroom studio-perfect as a private guest wing, home office or separate holiday-let. Multiple off-street parking spaces on Adelaide Street provide a rare and valuable advantage in this tightly held precinct.

Unbeatable Yeppoon Location: Step outside to morning coffees, beachfront walks, the Lagoon precinct, dining, and boutique shopping-all within easy strolling distance. This is effortless coastal living delivered on a grand scale. A true landmark residence, this penthouse is equally a luxury lifestyle statement and a standout investment opportunity in the heart of Yeppoon. Private inspections available by appointment. Contact us today to experience the scale, views and income potential for yourself. Added 14 August, 2025 Property ID: #L36073024 Show More