5 Oloway Crescent

Opportunities like this don't come along every day! Positioned on a level, easement-free 807m² block in sought-after Alexandra Headland, this spacious dual-occupancy property offers exceptional flexibility, lifestyle and future potential just minutes from the beach and the Sunshine Coast's best amenities. Hidden behind the street frontage, you'll discover a private, north-facing tropical oasis with an expansive backyard, established gardens and plenty of room for a future family pool. Blending the charm of an original 1980s beach house with a modern renovated granny flat, the property provides an ideal opportunity for multi-generational living, additional rental income, Airbnb accommodation, or a permanent sub-let. The solid double-brick construction helps keep the home cool in summer and warm in winter, while the elevated entertaining deck overlooks the spacious backyard, creating the perfect setting for outdoor living and entertaining. The open-plan main residence features three generous bedrooms filled with natural light, including a spacious master suite complete with a large private ensuite. The fully self-contained granny flat offers its own private bathroom, kitchenette, spacious living area and oversized bedroom, providing excellent separation and privacy. Outside, the low-maintenance organic gardens feature mature fruit trees, edible plants and a variety of established medicinal species, creating a productive and sustainable outdoor sanctuary. A 6m x 6m double carport, huge side access and additional space for a shed provide ample room for vehicles, boats, caravans and all the toys that come with coastal living. Perfectly positioned, the home is just a leisurely 1.2km walk, bike ride or skate to Alexandra Headland Beach, with Mooloolaba and Maroochydore only minutes away in either direction. Whether you choose to enjoy the home as it is, further renovate, rebuild, or take advantage of the opportunity to add a separate 60sqm studio/granny flat (STCA), this is a property that offers endless possibilities on one of the largest and most versatile residential blocks available in this tightly held beachside location. Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.