12 Victoria Parade South

Positioned in one of the most tightly held and highly sought-after pockets of Coochiemudlo Island, 12 Victoria Parade South presents an exceptional opportunity to secure a substantial 3,588m² landholding with Medium Density Residential (MDR) zoning. Comprising a block of three well-maintained townhouses and located just 50 metres to Main Beach and the Jetty, this is a rare offering that combines immediate income, lifestyle appeal, and significant future development. Opportunities of this scale, zoning flexibility and proximity to the waterfront are seldom available. Property Highlights • Block of 3 Townhouses - each townhouse features 2 bedrooms, 1 bathroom, 1 car garage, front and back decks, front porch, rear patio and private courtyard • All 3 townhouses are currently rented, providing immediate holding income • Zoning - MDR (Medium Density Residential) & EM (Environmental Management) • Expansive 3,588m² parcel with further development potential (STCA) • Only 50m to Main Beach & Jetty Townhouse Layout (Each) Upstairs • Bathroom with bath, shower, vanity and separate toilet • Master bedroom positioned at the front with double built-in robe, ceiling fan and access to deck with water views • Bedroom two positioned at the rear with built-in robe, ceiling fan and access to deck overlooking the backyard • Linen cupboard in hallway Downstairs • Separate lounge room with ceiling fan • Separate dining area • Functional kitchen with oven, cooktop, double sink and ample natural light • Laundry conveniently positioned behind cupboard doors in the kitchen • Second toilet located off the rear patio for added convenience • Front porch • Rear patio • Fully fenced private courtyard Outdoors & Common Areas • Three-car garage accommodation - one garage allocated per unit • Garden shed • Clothesline • Covered communal BBQ area Investment, Airbnb & Development Potential • From an investment perspective, this property delivers immediate returns with all three townhouses currently tenanted, providing reliable income from day one. Given its premier position only 50 metres to the beach and jetty, the property also presents outstanding potential for Airbnb, where demand for waterfront proximity stays and continues to perform strongly. • For developers and strategic investors, the MDR zoning unlocks significant future potential. The generous 3,588m² landholding provides scope for further development (STCA), allowing the next owner to capitalise on density opportunities in one of the island's most premium coastal positions. Whether land banking, redeveloping or enhancing the existing improvements, this is a rare opportunity to secure scale, location and flexibility in one acquisition. Lifestyle & Location Positioned just moments from Main Beach and the Jetty, this exceptional address offers immediate access to swimming, fishing, boating and scenic waterfront walks. Residents can stroll to the island's popular dining destinations including Curlew Cafe, Coochiemudlo Island Beach Bar & Grill and Viva Coochie Restaurant, along with the ferry & barge terminal, recreational facilities and essential island amenities. This is coastal island living at its finest - peaceful, community-oriented and relaxed, while remaining conveniently connected to the mainland via a short six-minute ferry commute. The strength of this prime beachfront position not only enhances lifestyle appeal but also reinforces long-term capital growth and consistent rental demand. 12 Victoria Parade South represents a compelling combination of income, lifestyle and development potential in a prime Main Beach position. Opportunities of this calibre are limited and highly sought after. Contact Rita Suters on 0423 214 439 for more information and to book a private inspection.