58 Toral Drive, Buderim QLD 4556

Nestled at the end of a Buderim court in a corridor of exceptional growth & development is this level acreage allotment of 4,731m² adjoining the new subdivision of Scholars Green.

Boasting two full residences, this acreage property is level and adjoins reserve, giving a natural back drop. With the main home and residence having been completely renovated inside and out, it is the perfect executive family residence to enjoy, being centrally located to some of the Sunshine Coasts finest schooling.

The second residence offers the ability to have additional income with a current return of $510.00 per week. The current owners added the second dwelling with future potential in mind, cleverly positioning the second residence on a potential future subdivision allotment while creating income in the meantime. This second residence is also ideal for extended or multiple families looking to secure a foothold into the market.

The property itself boasts a leafy natural environment with level grassed areas and an in-ground concrete pool. All amenities have been upgraded to cater for multiple dwellings on the site.

This is a unique land acquisition opportunity for the savvy investor or first time developer to create profit from this outstanding opportunity while still living in one residence and renting the other, giving a good return on investment and minimal risk and outlay while doing the development.

For those simply looking to secure a foothold into a fast growing region of the Sunshine Coast, consistent development progress surrounding this acreage allotment, one of the last remaining acreages in the precinct could see an unquestionable ability to reap reward and benefit both lifestyle and financially in either the short or long term.

THE SITE
Residential A Zoning
4,731m² Cul-de-sac Allotment
Surrounded By Existing Subdivisions
Potential To Subdivide Into Three Lots
Two Dwellings, Separately Metered
Potential Third Vacant Allotment
Town Water
Level Land
Parkland Backdrop
Ability To Access From The New Scholars Green Development*

MAIN DWELLING – PROPOSED LOT 1 (1,837m²)
- Fully Renovated Coastal Country Lodge
- Four Spacious Bedrooms
- In-ground Concrete Pool
- Two Large Living Areas
- Two New Bathrooms
- Large Island Kitchen
- New Flooring Throughout
- Wrap Around Decks
- Ensuite With Dual Vanities
- Ceiling Fans Throughout
- Air-conditioned Throughout
- Separate Detached Double Garage
- Ample Storage Throughout
- Established Landscaped Gardens
- Septic Waste Management System
- Up To Date Termite Management System
- Current Rental Appraisal $775.00 Per Week
- Walk To Cafes & Gym
- Easy Access To Private & Public Schooling

SECOND DWELLING – PROPOSED LOT 2 (1,021m²)
- Fully Council Approved Residence
- Three Bedrooms, All Ensuited
- Open Plan Living Area With High Ceilings
- Air-conditioned Throughout
- Ceiling Fans Throughout
- Stone Top Kitchen
- Gas Cooking & Stainless Steel Appliances
- Multiple Decks
- Dual Vanities In Master Ensuite
- Potential To Extend
- Gas Hot Water
- Household Sewage Treatment Plan Waste Management
- Current Rental Return $510.00pw Until 08.02.21

VACANT LAND – PROPOSED LOT 3 (1,021m²)
- Quarter Acre Level Allotment
- Location At Rear Of Existing Block
- Level Established Vegetation
- Ideal Landbank Or Resell
- Large Allotment

This is without doubt an impressive opportunity in lifestyle & development in a fast growing corridor of infrastructure and focus with the Sunshine Coast Regional Council.

** Note, all subdivision is subject to council approval. Preliminary council meetings, adjoining plans and council approvals for the second dwelling can be provided. It would be advised all parties conduct their own due diligence in reference to the property and its development potential beyond the information supplied by the current owners.