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Overview
Located just around 200 metres from the vibrant Esplanade and pristine Mooloolaba Beach, this rare offering represents a unique opportunity to acquire an entire six-unit complex on one 607 square metre parcel of District Centre-zoned land. Presented as a single line, the property holds significant potential for redevelopment, affording a height limit of 18 metres with the possibility of 28 metres under the proposed Sunshine Coast Planning Scheme, pending approvals.
The current strata complex, consisting of six units and a total of eight bedrooms and four car spaces, offers immediate income through existing tenancies generating approximately $2,935 weekly. This income stream provides a valuable buffer for investors or developers during the approval and finance period, with leases expiring between late 2026 and early 2027, creating a balanced timeline for a potential redevelopment.
This property is well suited for a range of buyers including developers interested in capitalizing on the strategic beachside location, as well as astute investors and SMSF buyers seeking a secure asset with growth upside. The site’s attributes offer flexibility: hold for income, refurbish the existing dwellings to optimize returns, or pursue development opportunities in line with planning considerations.
Positioned in the heart of Mooloolaba, residents or future occupiers will enjoy easy access to the bustling Wharf precinct with its dining, entertainment and retail offerings, along with schools, shopping centres, and key infrastructure such as the Sunshine Coast University Hospital and Airport within convenient driving distance.
- Prime beachside position with proximity to cafes, restaurants, and lifestyle amenities
- Single amalgamated title providing a clean acquisition and development platform
- Strong holding income with lease expiration aligning with redevelopment timing
- Planning potential for higher density and increased height subject to council approval
This opportunity combines lifestyle location, secure income, and significant future potential in one integrated offering.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Local Market Insights
In Mooloolaba, Quiet Listings observed 5 new apartments entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $1,760,000. The property type mix of listed properties is predominantly Houses at 44%, followed by units (28%), and apartments (16%). The most active agency for apartments in the Mooloolaba area is currently McGrath Estate Agents, representing 60% of new listings, followed by Ray White with 40%. 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 Mooloolaba QLD 4557
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