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Overview
The Ultimate Cotton Tree Canvas
This property offers a rare opportunity to acquire a vacant block of land in the highly sought-after Cotton Tree area, a location renowned for its exceptional lifestyle on the Sunshine Coast. The block spans a generous 663 square meters, providing a substantial canvas for future development.
Cotton Tree is widely regarded as one of the most desirable residential locations, offering a blend of natural beauty and convenient access to amenities. This land parcel presents a strategic investment or development prospect, with existing zoning and proposed planning changes that enhance its potential.
Currently, the land is zoned for Medium Density Residential use, allowing for a maximum building height of 12 meters. This zoning supports a variety of residential developments, including houses, duplexes, townhouses, and low-rise apartments, as evidenced by similar developments in the surrounding area.
Looking ahead, the proposed town plan, subject to final approval, aims to rezone the area to High Density Residential. This would permit buildings up to 10 storeys or 35 meters in height, significantly increasing development possibilities and potential returns.
The location is characterized by its convenience and lifestyle benefits. Residents will enjoy a short, flat walk to Cotton Tree Village, a vibrant hub ideal for morning paddles or evening strolls. The proximity to a range of restaurants, cafes, and shops along Cotton Tree Esplanade and Ocean Street adds to the appeal.
Outdoor and recreational amenities are also close at hand, including Maroochydore Beach, the Cotton Tree pool, and the local Surf Club, all just minutes away. Essential services such as the medical precinct, library, and primary transport hubs are within walking distance, ensuring all daily needs are easily met.
As the nearby Maroochydore City Centre undergoes a significant transformation into a world-class business and technology hub, this land parcel is well positioned to benefit from the area's ongoing growth and development, making it an attractive proposition for buyers seeking a strategic landbank opportunity.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Maroochydore QLD 4558
Market Insights for Maroochydore QLD 4558
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