29-31 Hinley Avenue, Maroochydore QLD 4558

It's not often 2 adjoining sites become available with a holding income and excellent development opportunity. Long term owners are now ready to retire and offer to market.

The opportunity

• 1-3/29 Hinley - 2 x bed & 1 x 1 units
• 31 Hinley - 2 bedroom home
• 2 sites 615m2, combined 1230m2
• Medium density residential zone - 8.5m
• Combined rent return $1,170pw / $60,840pa
• Progressive location with surrounding new developments
• Key position to emerging CBD and Sunshine Plaza
• 10 Minutes to Maroochydore International Airport
• Walking distance Maroochy River, convenient position to Cotton Tree and Maroochydore Beach

Offered to market as a going concern by expression of interest closing 5pm 13th December 2022. Extended settlement terms are offered until July 2023.