Lot 1: Offers
Lots 2-5: $499,000

Elders Palmwoods is pleased to present Lot 1 and 2 Abbotts Road for your consideration.
The property provides a purchaser with the opportunity to develop as per the current DA, develop the existing site as is and benefit from the existing cashflow.
Alternatively, land bank and continue to collect the holding income and redevelop under the new urban footprint when the new LEP is released.
Lot 1: comprises 1.5 acres and includes the existing home
Lot 2: comprises 4ha and currently has Development Approval to subdivide into 5 rural lots.
The property is strategically located close to Palmwoods, Woombye and Nambour with an easy 15 minutes drive to the Sunshine Coast beaches. Established Schools, retail and Business locations are within easy reach. The major Retail Precinct on the Sunshine Coast, including Sunshine Plaza at Maroochydore are only approximately 15 minutes away. The industrial hub of Kunda Park is less than 10 minutes drive.
We strongly believe the potential for this strategically located site cannot be underestimated and therefore worthy of consideration.