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.
- Commercial loan calculator
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