This 607m2 property is located within a High Density Residential area with 12m height zoning, enabling a potential redevelopment of up to 4 stories. In the meantime, you can continue utilising the property with the revenue stream from the existing Duplex pair.
This Duplex Pair consists of each unit offering: 2 bedrooms, 1 Bathroom (with separate toilet downstairs), and Lockup Garage. The best part is….. there is no Body Corporate!
The site is situated in the heart of Maroochydore, and is just minutes to Maroochydore beach and an even shorter walk to Sunshine Plaza.
The front unit (#1) has been updated and is complete with private courtyard, 2 balconies and low maintenance living.
The rear unit (#2) has had a more recent renovation to the bathroom and kitchen and also features an extra office area, fenced yard and small side access with patio to the rear.
There are plenty of options to choose from when purchasing this duplex - Continue renting out each unit or landbank with a bigger plan to redevelop with a new home or block of units to further leverage the facilities and attraction from the new nearby CBD.
Our favourite features:
• No Body Corporate
• High Density Zoned to 12m
• 607 m2 block
• 400 Metres to the Sunshine Plaza, 450 Metres to Maroochy River, 1.1km to the new CBD & 10 Minute drive to Sunshine Coast Airport
The options are endless:
• New development to 12m (subject to approval)
• Land bank
• Long term investment as done by our current owner
A full information memorandum will be available at the open homes or online.
This property is on the Market to be sold - contact Brent Higgins on 0414 775 133 or Candice Conte4ncin on 0412 880 084, to find out more.