1 Orvieto Terrace, Kings Beach QLD 4551

Caloundra City Realty is delighted to present an outstanding opportunity to purchase a beachside, residential development site on the Sunshine Coast, with ocean view potential! Welcome to 1 Orvieto Terrace, Kings Beach! Create your future with this prime development block in the heart of Kings Beach!

This property sits only 250 metres from Caloundra's highly regarded Kings Beach & all of its cafes, restaurants, shops, parks & more!

Features at a glance:
- Corner block with 2 street frontages
- High Density Residential Zone with 16m height zone STCA - an opportunity to build 4 storeys high
- Great opportunity to live in or as an investment with safe rental returns & boundless possibilities!
- Currently boasting 2 three-bedroom flats with a great holiday rental history - possibility to hand straight over
- Newly installed insulated roof & garage doors
- Security screens throughout

In terms of location, 1 Orvieto Terrace is situated close to everything the Sunshine Coast has to offer. Distances to some notable landmarks & locations are:

* Bulcock Beach - 600m
* Top of main street - 220m
* Moffat Beach - 1.7km
* Dicky Beach - 2.2km
* Mooloolaba - 15km
* Noosa Heads - 45km
* Brisbane CBD - <100km

Don't miss this exciting opportunity to secure a prime development block! Develop now & hold with reliable income! Call today to arrange your personal inspection time.

Income for period July 2020 - June 2021: $83,000 (downstairs - $35,000, upstairs - $48,000)

Disclaimer:
During the COVID-19 pandemic we are taking additional steps to make sure everyone can stay healthy and safe when inspecting properties. We ask that you don’t attend any of our open homes or private inspections if you:
1. are suffering from flu-like symptoms or are unwell,
2. have been in contact with a case of COVID-19 (coronavirus),