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Overview
This rare and substantial development holding offers a prime opportunity in the heart of Tewantin, situated on a prominent corner site encompassing approximately 2,046 square metres. Spanning three separate lots, this holding delivers exceptional street frontage on Poinciana Avenue complemented by additional access from Sidoni Street, enhancing versatility and development potential.
Currently zoned Medium Density Residential, the property provides valuable flexibility for developers and investors poised to capitalize on central Tewantin's tightly held real estate market. The inclusion of two original Queenslander-style residences on two of the lots presents immediate potential use, either as homes or for rental returns; one residence is owner-occupied while the other is tenanted at $580 per week, supporting holding income during planning and development stages.
The vacant rear allotment adjoining popular Ward Street parkland further elevates the lifestyle appeal and site usability. The location directly opposite the bustling Tewantin Village precinct offers unparalleled convenience, with an array of shops, supermarkets, cafés, medical services, and recreational areas nearby, as well as easy access to the Noosa River and Marina.
- Strategic corner site with a commanding presence
- Three separate lots aggregating to over 2,000 sqm
- Medium Density Residential zoning that invites diverse development possibilities subject to council approval
- Two charming Queenslander-style homes offering immediate utility and income potential
- Additional vacant land bordered by parkland for enhanced amenity
- Exceptional central location opposite Tewantin Village, ideal for residents or future development
This property is well-suited to investors, developers, or land bankers seeking a substantial parcel with both immediate and long-term value. Prospective buyers are recommended to conduct their own due diligence with local council and consider professional advice for planning and development.
Local Market Insights
In Tewantin, Quiet Listings observed 33 new houses entering the market over the last 30 days, down from 43 during the previous 30-day period, with an average advertised asking price of $2,094,970. The property type mix of listed properties is predominantly Houses at 92%, followed by land (3%), and townhouses (3%). The most active agency for houses in the Tewantin area is currently Robert James Realty, representing 21% of new listings, followed by Coronis with 15%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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
Market Insights for Tewantin QLD 4565
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