53 Duporth Avenue, Maroochydore QLD

For Sale

Land

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Perfect land-banking opportunity.

In a dress-circle location, this development-ready site has approval to 40m height for 42 Residential Units, 2 office tenancies and 63 car parks (when combined with adjoining property. This property is the key to accessing services for the development on the 2 sites).

Stunning views which include the beautiful Maroochy River, ocean, mountains and new C.B.D., all within easy walking distance to attractive lifestyle amenities.

This property has a holding income of $25,682 P/A Net (lease expired but tenant in place for 15 years).

With Australia's fastest data connection to Asia arriving soon and a new airport underway, the timing is right to provide modern housing for this vibrant connected city. Already Australia's 9th largest city, the Sunshine Coast region is in strong growth mode having more than $18 billion in projects currently underway.

This level site is in a highly walk-able location with numerous stylish dining, retail and recreational amenities nearby.

Distances to:

- Ocean Street Entertainment Precinct - 400m*
- Sunshine Plaza - 500m*
- C.B.D. - 500m*
- Sunshine Coast Airport - 9km*
- Sunshine Coast University Hospital - 14km*
- Brisbane City - 100km*

*Approximately

Contact exclusive listing agents Julie Ryan and Michael Shadforth for further information.