25 Katharina Street
Noosa Heads, QLD 4567

This exceptional property at 25 Katharina Street, Noosa Heads, represents a once-in-40-year opportunity in one of Australia's most coveted coastal precincts. After being held by the same owner for four decades, this rare offering is positioned on a prime 516 square meter allotment, just moments from the vibrant Hastings Street and the pristine Noosa Main Beach.

The property is uniquely configured as three separate apartments sharing a swimming pool, providing both immediate income and significant future potential. Apartments 2 and 3, approximately 119 and 138 square meters respectively, are leased on a permanent basis, generating weekly incomes of $605 and $590. Apartment 1, around 129 square meters, has also been leased permanently for the past 18 months at $600 per week.

This setup offers remarkable flexibility for investors or owner-occupiers. You may choose to maintain the current configuration to benefit from strong long-term capital growth and steady rental income, or explore the exceptional redevelopment potential of this blue-chip site, which is truly compelling given its location and size.

Situated in one of Noosa Heads' most sought-after pockets, the location is outstanding. Residents enjoy easy walking access to world-famous beaches, boutique dining, and luxury retail experiences. Additionally, the highly anticipated Callie Hotel, expected to open around 2029, is set to further enhance the prestige and desirability of this premier enclave.

Opportunities of this calibre and position are extraordinarily rare and highly contested, making this property a standout investment or lifestyle choice in the heart of Noosa Heads.