22 Norman Avenue, Maroochydore QLD 4558

UNDER CONTRACT

3 beds

1 baths

High Density Development Opportunity

This 612m2 block is in a key Maroochydore location, only 500 metres to the water's edge of the Maroochy River to the north and less than 1km to the newly expanded Sunshine Plaza. Its central location along with its high density zoning and ability to build to 12m is a developers dream. A block in the same street has recently been developed to house a 3 level 9 unit complex and 22 Norman Avenue has the added bonus of the neighbouring block also available to purchase. Buy one or buy both with a myriad of opportunities.

The current home is solid, being of block construction and features 3 bedrooms as well as an additional larger studio style bedroom off the dining. Perfect to use for guests or as an additional living space it has access through to a second powder room and screened in porch. The main living is open plan and features fireplace while the kitchen has been updated in past years. Fully fenced, the backyard is large and has an open outlook over green space. Complete with 6kW solar system, fire pit and gazebo, there is plenty of space to play and relax in the shade.

Currently tenanted at $430 per week, secure now with steady holding income while you look to develop or see what the future holds.

* 612m2 High Density Zoned Block
* Build Height Up To 12m – Myriad of Options
* Solid 3 Bedroom + Studio Home In Place With Steady Holding Income
* 500m To The Maroochy River & Less Than 1km To The Newly Expanded Sunshine Plaza
* Overlooking Green Zone to the Rear & 6kW Solar System in Place

Property Details

• Type: House
• Bedrooms: 3
• Bathrooms: 1