65 Parker Street, Maroochydore QLD 4558

Located in the sought-after coastal area of Maroochydore, this property offers an extraordinary opportunity to acquire a large 602sqm corner allotment, rich in both history and future potential. The existing residence is a charming beach house dating back to around 1950, standing as a nostalgic echo of the area's past. However, the true value lies in the land itself and its promising development possibilities.

This medium-density residential zoned site features an existing 8.5m building height limit, with proposals for significant increases potentially allowing structures up to 22m high, subject to council approval and final planning scheme adoption. Such zoning and height allowances enhance the appeal for builders, developers, and strategic investors interested in capitalising on the medium-density framework in a desirable coastal location.

The corner orientation of the allotment maximizes exposure and development versatility, making it an optimal canvas for redevelopment, whether for contemporary residential living, multi-unit dwellings, or other medium-density projects. This is an exceptionally rare find in this established coastal community, offering scope for both immediate redevelopment or strategic land banking.

Ideal for those looking to build their next project or secure a foothold in a valuable market, the property combines location, zoning, and size with the prospect of future upside. While the existing house offers a glimpse into the area's heritage, prospective buyers are encouraged to focus on the extensive potential the land and zoning present.

• Substantial 602sqm corner allotment perfect for medium-density development.
• Zoned Medium Density Residential with existing 8.5m height allowance.
• Proposed town plan changes suggest height increases up to 22m (subject to approvals).
• Desirable location with strategic positioning appealing to developers and investors.
• Opportunity to demolish and rebuild or capitalize on development potential.

With auction scheduled on site, the property invites interested parties to explore the genuine potential inherent within this rare medium-density site, promising considerable future opportunities within a premium coastal setting.

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.