Land bank, renovate, develop, holiday lease. So many options for this dual living property in the heart of the desirable suburb Cotton Tree'.
Position perfect... with everything going ahead in Maroochydore CBD, we are on the verge of seeing massive changes in the area. Lucky for you, this property is smack bang in the middle of everything. Sitting just minutes walk for Suncentral CBD and minutes walk the other way to Cotton Tree Beach, you cannot beat the position.
Situated on the corner of Hinkler Parade and Kippara Lane, opportunities are endless with the dual living, dual access, flat block sitting on 599m2. Boasting a huge rental income return due to the dual living, sit back and land bank this amazing opportunity. Zoned medium density presents the opportunity for a development of multiple dwellings.
With a limited number of homes coming to market in Cotton Tree, this one is sure to gather some interest so make sure you book an inspection before it is too late.
Downstairs:
You will find a three-bedroom unit with separate entry, fenced courtyard and three bedrooms including one with an en-suite and walk in wardrobe. A second bathroom, laundry and large kitchen complete with an island bench. The courtyard runs the complete length of the unit creating a great entertaining space.
Upstairs:
Entering the unit on the ground floor will reveal a study nook and large void. A Simple yet spacious floor plan awaits you as you enter from either of the two entrances. The lounge and dining areas allow for comfortable indoor living with a balcony making the most of the quiet neighbourhood. This level is complete with four oversized bedrooms, one bathroom and laundry.
Location:
Cotton tree is well known for it's lifestyle, cafes and its wonderful beaches. This suburb speaks for itself when marketing and this property is sure to deliver.
A Sunday stroll to the new Maroochydore CBD and minutes from the Sunshine Plaza. You can't get much more central than this.
The features that matter:
- 599m2 corner block
- Dual living set up
- Unit 1 Rental Income of $380 per week
- Unit 2 Rental Income of $410 per week
- Medium Density Zoning
- Opportunity to expand, develop or increase rental income
- Massive car accommodation including two under cover parks and space for 4 cars outside
- Minutes walking to Sunshine Plaza, Suncentral CBD, Sunshine Coast Beaches and Ocean Street Dining Precinct
*This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
