55 Douglas Street
Mooloolaba, QLD 4557

Overview

Mooloolaba approved subdivision or apartment site

This property is situated on a prime location land parcel with subdivision approval for two lots, complete with construction plans. The site is positioned on a generous 567 square meter corner block at the intersection of Douglas Street and Goonawarra Street. The existing residence on the property is planned to be demolished to facilitate the subdivision and redevelopment.

The subdivision consists of two lots: Lot 1 measuring 300 square meters and Lot 2 measuring 267 square meters. Alternatively, the property offers a prime development opportunity under the new town planning scheme, with rezoning from low-medium density to medium density residential. This rezoning allows for an increase in building height from 8.5 meters to 15 meters, enabling up to four storeys.

Perfectly located within walking distance to Mooloolaba Beach and the Esplanade, this property presents excellent future potential for development. The surrounding area is well-serviced by established amenities including schools and childcare centres. Additionally, it is just minutes away from pristine beaches, vibrant cafés, and boutique shopping precincts, making it a rare and highly desirable opportunity in this sought-after location.

• Land size: 567 square meters (0.14 acres)
• Building size: 86 square meters
• Parking: 1 garage space
• Bedrooms: 3
• Bathrooms: 1

This property is ideal for developers or investors looking to capitalize on the approved subdivision or the potential for apartment development in a prime coastal location. The combination of location, size, and planning approvals offers a unique chance to create a valuable asset in the heart of Mooloolaba.

Location