22 Mahia Terrace, Kings Beach QLD 4551

Offers Over $1,600,000

5 beds

2 baths

3 parking

SOLD BY ZACK DE JERSEY

Here's an exclusive opportunity that promises boundless potential in the highly sought-after location of Kings Beach.

Nestled just one block away from the pristine sands and surf, this exceptional blue-chip property offers a rare dual street access, making it a standout choice for those with a keen eye for development prospects. Zoned as "High Density Residential" (Sunshine Coast Regional Council Planning Scheme) with a generous height limit of 21 meters (7 stories*), the possibilities are limitless. Imagine designing a stunning multi-story building that takes advantage of the breathtaking ocean views, capturing the essence of coastal living in its entirety.

Currently, the property features 2 residential flats, both of which are occupied by long term tenants, generating a solid rental income of $625 per week. However, the real value of this property lies in its development potential. With a 534m2 block of land at your disposal, you have the opportunity to create something truly extraordinary.

Alternatively, prospective buyers may opt to renovate and/or reconfigure the existing flats to a bespoke design that perfectly complements their unique style and refined taste. Alternatively, they could seize the opportunity to capitalize on the thriving rental market of the dynamic Sunshine Coast, opening up a myriad of possibilities.

Located in the heart of Kings Beach, this property offers unparalleled convenience. With close proximity to education hubs, public transport, downtown Caloundra, Caloundra Shopping Centre, and Golf Club, it is an ideal investment opportunity for those looking to capitalize on the robust Sunshine Coast property market. Moreover, its strategic location allows for easy access to popular attractions such as the Glass House Mountains, and Sunshine Coast Hinterland, as well as being just an hour's drive from Brisbane and its domestic and international airports, making it an exceptional choice for investors and developers alike.

Don't miss out on this one-of-a-kind opportunity to make your mark in the thriving Sunshine Coast property market. With endless possibilities for development, a prime location that offers both convenience and lifestyle, and the chance to create something truly exceptional, this property is a rare gem that cannot be replicated.

Contact Zack de Jersey now to explore the full potential of this unique offering and unlock its endless possibilities.

Don't wait, seize the opportunity today and secure your place in the future of Kings Beach development.

Act now, to avoid disappointment. Opportunities to purchase a property of this calibre do not come up often.

*approximately

Property Details

• Type: House
• Bedrooms: 5
• Bathrooms: 2
• Garage Spaces: 3