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37 & 39 Moreton Parade, Kings Beach, QLD, 4551

Name: 37 & 39 Moreton Parade, Kings Beach, QLD, 4551
Address: 37 & 39 Moreton Parade , QLD, Kings Beach, QLD, 4551
Telephone: +61 417 641 833

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SOLD

37 & 39 Moreton Parade, Kings Beach, QLD, 4551

Properties / Sold / Queensland / Kings Beach

Development Potential

1. Property Summary

Property Type

Residential

Land Area

1,220 m² (*approx)

Selling Method

Tender: Closing 1 April 2021

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2. Property Highlights

RARE SUNSHINE COAST DEVELOPMENT SITE - 1,220m2 HIGH DENSITY ZONING WITH OCEAN VIEWS

This large and centrally located high density zoned site will achieve some great views – it’s estimated from 2nd or 3rd levels upwards. The two blocks total 1,220m2 of high density residential zoned land. Currently four tenancies in place returning a gross income of almost $70k per annum. Lease details available on request.

In terms of location you can’t get much more central to everything the amazing Sunshine Coast lifestyle has to offer .

Distances to some notable landmarks/locations:

Noosa Heads: 45km

Moolalaba: 15km

Brisbane CBD: <100km

Moffat Beach: 1.7km

Kings Beach: 250m

Dicky Beach: 2.2km

Bulcock Beach: 600m

Top of main street & Sunday markets: 220m

IGA Caloundra: 320m

These two properties are being offered as one site and with the obvious development potential (subject to council approval) we expect to see some strong interested. The lack in supply of new residential units as well as increasing prices and demand makes this site an attractive development opportunity.

Get in quick to secure this fantastic versatile site. Develop now or buy and hold with the four reliable tenants in place.

Tender closes 1 April 2021.