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1-4/2 Queen Street Kings Beach QLD 4551

  • Development / Land
  • 653 m²
  • For Sale, CONTACT AGENT

653m2 RARE KINGS BEACH SITE - HIGH DENSITY ZONING WITH GREAT VIEWS & HOLDING INCOME

    Caloundra City Realty are delighted to present the opportunity to purchase 2 Queen Street, Kings Beach.

    The property comprises of a residential block of four apartments currently occupied by tenants. The property offers dual street access and is centrally located and boasts water views north, east and south. These multi strategy sites don't come to market every day! This centrally located high density zoned site has water views from ground level. Currently four tenancies in place returning a gross income of $74,000 per annum at present. Lease details available on request.

    Four separately strata titled units, 1 per floor, already on the site
    Water views north, east and south
    Western views to the Lighthouse and Maleny
    Two street frontages
    Zoned High Density Residential
    Building height to 25m (STCA)
    Hold and enjoy the income
    Renovate, increase rents or sell individually
    Bulldoze and rebuild
    A swim and coffee at the beach front cafes to start the day
    Watch the whales from your balcony while having afternoon drinks
    Walking distance to three schools saving your time
    Meet your friends at the café precinct or stroll into town

    Close to everything the amazing lifestyle has on offer at Kings Beach and Caloundra - these are the distances to some notable landmarks/locations:

    - Kings Beach 400m
    - Shelly Beach 700m
    - Moffat Beach: - 900m
    - Brisbane: 100km
    - Noosa: 65km

    We expect to see strong interest. The lack of supply of new residential units, increasing prices and demand makes this site an attractive development opportunity.

    Call now to secure this fantastic versatile site. Develop now or buy and hold with the four reliable tenants in place.

    Caloundra City Realty
    Caloundra City Realty
    Caloundra City Realty
    Caloundra City Realty

    Property Highlights

    Property ID2016974829
    Floor AreaAsk Agent
    Land Area653 m²
    Parking4 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  8 Jun 2021
    Map for 1-4/2 Queen Street Kings Beach QLD 4551
    Map for 1-4/2 Queen Street Kings Beach QLD 45511-4/2 Queen Street Kings Beach QLD 4551
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Caloundra City Realty
    Caloundra City Realty
    Caloundra City Realty
    Caloundra City Realty

    Property Highlights

    Property ID2016974829
    Floor AreaAsk Agent
    Land Area653 m²
    Parking4 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  8 Jun 2021
    Caloundra City Realty
    35 Bowman Road Caloundra QLD 4551
    Caloundra City Realty
    Caloundra City Realty
    Caloundra City Realty
    Caloundra City Realty

    Ask Caloundra City Realty about this property

    Caloundra City Realty

    Caloundra City Realty

    Caloundra City Realty

    07 5 *** ***
    07 5491 9500

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