Developers & property investors, I would like to present to you three adjoining properties in School Road Maroochydore currently zoned Medium Density Residential. Each block contains approximately 655m2 giving a total of 1965m2 of North facing land with 4 & 5 bedroom homes currently tenanted giving a steady income.
Situated a short walk to either Maroochydore Primary or High School & less than one kilometre to Sunshine Plaza makes this an ideal buy & hold for future redevelopment. Number 75 enjoys two street access with additional rear access to Sunshine Court.
With 14 bedrooms across the three properties you could consider renting rooms for student accomodation, producing a cash positive return.