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29 Grey Gum Drive, Caloundra WestExceptional Dual Living Value
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29 Grey Gum Drive

Caloundra West, QLD 4551, Australia
Exceptional Dual Living Val…
5 bed 3 bath 2 car435 m²

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About this property

Opportunities of this calibre are rarely offered on the Sunshine Coast. Positioned towards the top of Sugar Bag Road, this exceptional property captures breathtaking panoramic views stretching across Caloundra, Golden Beach, Bribie Island and out to Moreton Island. Perfectly suited to families, extended families, astute investors, this versatile residence offers outstanding flexibility and income potential in a tightly held location at the end of a private cul-de-sac on the border of Little Mountain and Caloundra West with stacks of room for the caravan/boat or trailer. Upper Level - Light-Filled Living with Spectacular Views The main living level is thoughtfully designed, showcasing a spacious open-plan layout enhanced by natural light and coastal breezes. The expansive deck is a true highlight, providing an elevated vantage point to enjoy sweeping ocean and island views. Upstairs comprises four bedrooms, including a spacious master retreat complete with ensuite and walk-in wardrobe, plus a large family bathroom servicing the additional bedrooms. Features include: • Generous open-plan living and dining area • Modern kitchen with quality appliances • Large contemporary tiles throughout, including bedrooms and garage • Stylish bathrooms with frameless shower screens and floor-to-ceiling tiling • Spacious master bedroom with ensuite and walk-in wardrobe • Large family bathroom • Two split-system reverse-cycle air-conditioners • Solar • 2.55m high ceilings • 5,000-litre rainwater tank • Extensive under-house storage Lower Level - Flexible Living or Income Opportunity The lower level presents exceptional versatility. Whether utilised as a private retreat, work-from-home space, extended family accommodation, or further enhanced to connect both levels, the possibilities are extensive. Downstairs includes a large bedroom with walk-through ensuite, plus an expansive living, dining and kitchen zone flowing seamlessly to the oversized deck. Features include: • Expansive living area (8m x 5.3m) with two-pack cabinetry and modern splashback • Dedicated dining and kitchen space • Timber-look flooring throughout • Large bedroom with walk-through ensuite • Large deck (15m x 3m) with elevated views • Impressive 3.3m high ceilings . Air-conditioner Prime Location Set in a nice, quiet cul-de-sac, the property enjoys exceptional convenience: . Approximately 5 Minutes to Sugar Bag Road MTB Trails • Approximately 10 minutes to Caloundra beaches • Within the catchment for Meridan State College • 10 minutes to highway access • 15 minutes to Sunshine Coast University Hospital • 30 minutes to Sunshine Coast Airport • Approximately 1 Hour to Brisbane Domestic & International Airports Investment Potential For investors, the updated rental appraisal is highly attractive: • Upper level: $850 per week * • Lower level: $500 per week * This is a rare opportunity to secure a property offering lifestyle, flexibility and strong income potential in one of the Sunshine Coast's most desirable elevated positions. An inspection is essential to truly appreciate what is on offer. * Approximately. Disclaimer: The agent has taken reasonable steps to verify the accuracy of the information contained in this marketing and advertising material. However, all information is provided as a guide only and should not be relied upon as a representation of fact. Prospective buyers should make their own enquiries, conduct their own due diligence and seek independent advice to satisfy themselves as to the accuracy, condition, suitability and completeness of the information provided in relation to the property. To the extent there is any inconsistency between this marketing or advertising material and the Form 2 Seller Disclosure Statement for the property, the Form 2 Seller Disclosure Statement will prevail. If this property is being sold by auction or without a price, a price guide cannot be provided. Any website or portal may have filtered the property into a price bracket for website functionality purposes only. Some marketing images may contain virtual furniture, furniture staging, digital enhancements or AI-generated enhancements for illustrative purposes. Any such images are intended to assist with visual presentation only and may not reflect the actual property features, furnishings, condition, layout, size, views or presentation. Buyers should rely on their own inspections, enquiries and independent advice.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
3
Parking
2
Land Area
435 m²
Listed
3 months ago

Repayment calculator

$5,818/month
$2,909 /fortnight
Loan $960,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$240,000
Stamp duty$49,525
Conveyancing (est.)$2,000
Total upfront$291,525
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Caloundra West

This 5-bedroom house in Caloundra West, QLD 4551 sits within reach of public transport, local shops and nearby schools.

Schools near Caloundra West

  • Unity Collegecombined · Prep-12 · CoEd

What's nearby

  • Latcham Dr near Mark Rd (bus)250 m away
  • Ford550 m away
  • Beau Vista Park319 m away
  • Newing Way Reserve439 m away
  • Sharon Bonney Bushland Reserve556 m away

Caloundra West at a glance

Full suburb profile
Population
7,270
Median age
37
Household income
$1,571/wk
Median rent
$465/wk
Median mortgage
$1,842/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Caloundra West price trend

Median sold · House 5+ bed

$1.23mcurrent median

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Full Caloundra West market

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