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.
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