Set on an 825m2 block zoned medium density, this riverside cottage resides less than 5 minutes walk to the water and perfectly positioned to appreciate the booming development growth here in Maroochydore. This charming lodge offers huge potential to renovate into your dream beach home, whilst the property will present boundless potential to the eager developer with the potential to build 4 townhouses subject to council and design approvals.

The current dwelling offers 2 bedrooms, separate living and dining spaces in addition to a two car garage and work-shop space at the rear of the property. With current tenants in place for holding income, this really is a bullet proof investment. Adjoining the Maroochy Palms caravan park and just a block away from the shores of the Maroochy River in addition to a 5 minute drive to the Sunshine Motorway and 10 minutes from the Sunshine Plaza – 244 Broadwater Avenue West is in the prime position to enjoy future capital growth.

* Brilliant entry point opportunity
* Developers & Builders take note – 825m2 Medium Density Zoning
* Current periodic tenancy in place for holding income
* Adjoins Maroochy Palms Caravan Park
* Quiet Cul De Sac Setting – 5 Minute Walk To The Waters Edge