4 Third Avenue

Yianni Mooney Property proudly presents to the market 4 Third Avenue, Caloundra. Discover an exceptional opportunity to secure a strategically positioned holding in the heart of Caloundra. This prime property presents the flexibility for residential, commercial or mixed-use potential (STCA), making it an attractive proposition for owner-occupiers, investors and developers alike. Now is your chance to invest in arguably one of the most sought-after locations in southeast Queensland. Set on a level 630sqm parcel and benefitting from Major Centre Zoning, the site presents exciting future potential. With a building height allowance of up to 15 metres* (STCA), there is scope to maximise the property's development potential, with the possibility of capturing views across to the sparkling waters of Pumicestone Passage from an upper level. Recently refurbished, the existing character-filled residence consists of two well-sized bedrooms, main bathroom with separate toilet, and a spacious living area, all opening out to a fully fenced manicured yard. A central kitchen provides plenty of storage space and is easily accessible when entertaining family and friends. On-point timber-look flooring completes the home. Also featured is a double car garage under the house, as well as a large workshop area with the option to utilise as additional storage space. There is plenty you could improve on to make this your ideal residence this could be the perfect opportunity to secure a property with abundant and potentially diversified possibilities. On offer is not only the chance to buy into a future development opportunity, but also to secure an existing home in solid condition. Land bank now and enjoy great rental returns until your decision to realise on the property's higher use value, and further develop as a premium addition to your investment portfolio. The strong demand for investment dwellings in this irreplaceable Caloundra location, the prospect to substantially increase portfolio income and real property value, proves a sound investment decision. Underpinned by Regional Business Centre zoning, the potential exists to further develop commercial offices, townhouse or duplex development, subject to council approval. Cleverly configured and presenting a versatile floorplan, the current residence would be the perfect home for individuals, couples, or small families, or could be easily be reconfigured to suit an array of businesses, such as accountants, solicitors or medical practitioners. Utilise the existing building as residential or add a commercial occupant and enjoy fantastic rental yields the opportunities are endless. Whether you consider further improvement as a residential development or commercial proposition, the location presents as ideal, moments to the award-winning Caloundra RSL, McDonalds and other speciality businesses, and within very close proximity to established medical practices and professional suites. Adding further appeal is the property's proximity to the upgraded transport infrastructure and new access routes connecting through the Caloundra CBD precinct, enhancing accessibility and reinforcing the long-term growth prospects of this central location. With high demand for commercial and residential sites and a rising population, this is the perfect environment for savvy investors to capitalise on this land bank opportunity for the future, ensuring long-term value. This seaside precinct is fast becoming the area of choice for those in search of prime properties to land bank while enjoying fantastic rental yields. A premium addition to any investment portfolio. What we love about the property: - Prime Caloundra CBD holding - 630sqm level parcel Major Centre Zoning - Allotment is well above the flood zone and drains easily to established council storm assets - Character-filled two bedroom standalone residence - On-point timber-look flooring throughout - Spacious kitchen great storage - Fully fenced manicured yard - Double car garage under house with workshop and storage space - Dedicated laundry - Land bank now, capitalise on current rental income - Solid addition to any property portfolio - Moments to Caloundra CBD precinct and entertainment - Short stroll to patrolled surf beach, trendy cafes, restaurants - 15 minutes* to the Sunshine Coast University Hospital - 25 minutes* to the Sunshine Coast Airport - 60 minutes* to Brisbane International Airport Should you require any further information, please call Yianni on 0420 300 977. *approximately DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.