This perfectly positioned property is situated by the waterfront and has DA approval with proposed plans to build a six storey residential block.

The current residence, separated into two dwellings; one a three bedroom unit and the other has two bedrooms. Both units are fully tenanted with good returns.

This property would be ideal for a Builder Developer or the astute Investor.

The property has many surrounding benefits and has a central location that is close to Caloundra CBD, a variety of beaches including Kings Beach and Bulcock Beach, plenty of parks and a wide variety of dining outlets.

Once constructed, a proposed six storey building would capture some breathtaking views of the Pumicestone Passage and out to the ocean.

Enquire now to arrange an inspection.

DA approval for six storey unit complex
Central location
Views of the Pumicestone Passage and out to the ocean
Close to Caloundra CBD, Bulcock Beach and Kings Beach
Ideal for Builder/Developer or Investor
Currently fully tenanted with good returns
Cool ocean breezes
531m2 block