25 Katharina Street

A Once-in-40-Year Opportunity in the Heart of Noosa Heads. After four decades of tightly held ownership, an exceptionally rare opportunity now presents itself with Bennelong at 25 Katharina Street, Noosa Heads. Positioned on a prime 516m² allotment just moments from Hastings Street and Noosa Main Beach, this unique property offers incredible flexibility, immediate income and outstanding future potential in one of Australia's most tightly held coastal precincts. Comprising three separate apartments and a shared swimming pool, the property is currently configured with Apartments 2 (119m2 approx) and Apartment 3 (138m2 approx) leased on a permanent basis seeing $605 per week and $590 per week respectively, while Apartment 1 (129m2 approx) also operates as a permanent lease and for the past 18 months has had a lease at $600 per week. The apartments are separately titled with one owner owning apartment 2 and 3 and another owner owning apartment 1. In regard to each units outgoings they are: $5627 per year for the Admin Fund $1000 per year for the Sinking Fund Block is zoned medium density residential and is not in a flood zone, not in a bushfire zone and has no heritage overlay. Whether you choose to: - retain the existing configuration for strong long-term capital growth and holding income, or - explore the exceptional redevelopment potential of this blue-chip site, the possibilities here are truly compelling. The location is nothing short of outstanding. Nestled in one of Noosa Heads' most sought-after pockets, you are within easy walking distance to world-famous beaches, boutique dining and luxury retail, while the highly anticipated new Callie Hotel, expected circa 2029, is set to further elevate the prestige and desirability of this premier enclave. Opportunities of this calibre and position are extraordinarily rare and tightly contested. For all pertinent details, contact exclusive listing agent Jason Wedge on 0411 432 520