40 Toolga Street, Mount Coolum QLD 4573

You will not find another 4 bedroom, 2 bathroom, 2 storey home in this price range in Coolum or Mt. Coolum, they are out in Bli Bli but try walking to the beach in twenty minutes from out there. Nor will you find a home with the potential detached living (dual living using one power meter) in this price range either. Simply put this home has massive value adding potential.

With great investment potential this home is located on a 620m2 corner block and suits a family in its current configuration. Upstairs has three bedrooms and one bathroom, a modern kitchen, air conditioning, ceiling fans, solid hardwood floors, a north facing veranda and another large covered wooden deck alfresco area, which overlooks the fully fenced back yard. Downstairs features a large tiled open plan studio with a second bathroom, single lock up garage and laundry. This area currently suits a teenagers retreat, home office, family rumpus room or guest bedroom.

Under the Sunshine Coast Regional Council Planning Scheme you could build a kitchen downstairs and rent out the ground floor of the home as a separate dwelling. This is what makes this home such a unique opportunity. Live with the family upstairs and rent out downstairs reducing your repayments significantly, don't have the need for a family sized living area, live downstairs and rent upstairs to a family for an even greater return.

You will love the coastal lifestyle and central location of the property; on foot it takes 13 minutes to the Mt. Coolum Walking Track, and 23 minutes to both the beach and the local shops. By car the Coolum State Primary School and Woolworths Shopping Centre are just 5 minutes away.

Due to the tenants wishes we are only conducting open homes instead of private inspections. The open homes will be each Saturday, from the 13th of February, between 12:00 to 12:45. The owners are highly motivated to complete the sale and with the value adding potential of the property and the price make sure your offer is one of the first as this will not last.