27 Railway Street

Take advantage of the new tax changes for negative gearing and remove the existing house and build 2 or 3 new homes. A rare opportunity to secure a Medium Density zoned block set on a generous 718m² block, in the heart of Yandina Township. The property offers exciting possibilities for units, duplex or townhouses (STCA). With an income producing studio cabin on site! Enjoy the convenience of being just a short walk to local shops, cafés, the hotel, and essential amenities, making this an ideal location for both homeowners and investors. Good holding incoming whilst awaiting Council approvals. Perhaps renovate the house, while living in the cabin and land bank for the future? Current rental estimate - $550/week for the house; $350/week for the studio. Renovate and increase your rental income for both dwellings to approx. - $1100/week (subject to dual occupancy permit) Home Features - * Character-filled timber Queenslander ready for renovation * Front sunroom currently used as a sitting area or second living space * Two spacious bedrooms * Two bathrooms * Timber floors throughout * Solar panels installed * Recently re-stumped Outdoor Features - * Separate studio at the rear with its own ensuite ideal for guests, rental income or home office * Large backyard with no rear neighbours, overlooking a park * Potential to remove the existing house and redevelop the block for units or townhouses (STCA) Location Highlights - * Walking distance to Yandina shops, weekend markets, cafés, and hotel * Close to Yandina Train Station * Approximately 20 minutes to the Sunshine Coast beaches * 8 minutes to Nambour Hospital This property offers a rare blend of character, location, and development potential. Act quickly opportunities like this don't last long.