22 Mahia Terrace, Kings Beach QLD 4551

A unique home site, development prospect or investment opportunity and just one block back from the pristine sand and surf of Kings Beach.

A very rare dual street access property, consisting of 2 residential flats:
• 1 x 3-bedroom, 1-bathroom; and
• 1 x 2-bedroom, 1-bathroom

The two flats currently return $590 a week and are supported with long term tenancy agreements in place, thus allowing the astute investor the opportunity to design, cost and make an application for a development approval (DA) on the site.

Zoned "High Density Residential" (Sunshine Coast Regional Council Planning Scheme) 21 meters (7 Stories).

Alternatively, buyers might choose to renovate and/or reconfigure the existing flats to a design that compliments their own style and taste or use the opportunity to capitalise on the vibrant Sunshine Coast rental market, the list is endless.

This is truly a rare offering. If you miss out on this opportunity - it cannot be replaced.

Additional information is available on request.

Highlights include:
Site
- Heart of Kings Beach
- Zoned "High Density Residential" 21m (7 stories)
- Ocean views available
- 534m2 block of land
- Dual street access

Residences
- 2 residential flats
- Long term tenants in place
- 1 x 3-bedrooms, 1-bathroom
- 1 x 2 bedrooms, 1-bathroom
- Returning $590 a week

Facilities
- Close to educations hubs, public transport, downtown Caloundra, Caloundra Shopping Centre and Golf Club
- *An hour's drive to Brisbane and both the Domestic and International Airports
- *Thirty minutes to Australia Zoo, the Glass House Mountains, and Sunshine Coast Hinterland
- Close to the Sunshine Coast Hospital and University Precincts
- *Just a minutes' walk to Kings Beach, Café, and Restaurant precinct, Happy Valley, Bulcock Beach and the Sunshine Coast Boardwalk
- Mooloolaba, Maroochydore, Australia Zoo and the Sunshine Coast Airport are only a 30-minute drive away
- Noosa is just a short *40-minute drive north

*approximately