Name: 3-5 Mungar Street, Maroochydore, QLD 4558
Address: 3-5 Mungar Street , QLD, Maroochydore, QLD, 4558
Telephone: +61 419 726 705

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3-5 Mungar Street, Maroochydore, QLD 4558

Properties / Buy / Queensland / Maroochydore

Development Approved

1. Property Summary

Property Type

Residential, Commercial

Sub Type

Apartment Sites

Land Area

1,371 m² (*approx)

Selling Method

EOI: Closing Thursday 4 July 2024 at 4pm

DOCUMENTS AVAILABLE

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EOI Closing Date

4 Jul 2024 04:00PM

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2. Property Highlights

Maroochydore CBD Development Site with Ocean View Potential

1,371sqm over 2 titles
Central Maroochydore Location
Existing DA in Place

Colliers present an outstanding opportunity to purchase a major Development Approved infill site, on the doorstep of the emerging Maroochydore City Centre and within a stones throw of the regions premier retail destination, Sunshine Plaza.

Zoned Principal Centre and with a 40 metre* height limit, the site presents a variety of development options in addition to the existing Development Approval.

Key Features of the property include:

- Existing MCU approval for 56 x 1 & 2 bedroom Apartments + Commercial to a height of 25 metres*

- Principal Centre Zoning with a 40 metre* height limit presenting a variety of potential development outcomes including Residential, Retail, Food & Drink, Commercial with Ocean & hinterland views

- 1,371sqm* site with 39 metres* of frontage to Mungar Street & services to the boundary

- Holding income potential of approx. $80,000* (gross) from the 2 x existing residential dwellings

- Key Maroochydore location within walking distance of a variety of Employment, Retail, Leisure and Lifestyle amenities

- Significant development opportunity within one of the most in demand and supply constrained markets in Queensland and Australia

For Sale by Expressions of Interest closing Thursday 4 July 2024 at 4pm

For more information, or to arrange an inspection, please contact the exclusive marketing agents Nick Dowling or Baydn Dodds

* Approximately

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