FOR SALE
For Sale

23 Mayes Avenue
Caloundra QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 604m2
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Prime CBD Holding - Development Potential - 604sqm Corner Parcel

Yianni Mooney Property proudly presents to the market 23 Mayes Avenue, Caloundra.
This is your chance to secure solid real estate in the residential hub of Caloundra.
Owner’s instructions are clear – must be sold.
Look no further than this consolidated property in arguably one of the most sought-after locations in southeast Queensland.
Positioned in an area where gentrification is strong and with more development in place, this could be a great financial decision to capitalise in this rare and highly sought-after growth area. Perfectly situated on a 604sqm parcel, this corner site is perfectly located, providing dual street frontage and great traffic exposure.
With such a unique opportunity on offer, you are not only buying into future development opportunity, but you are also buyng a quality home in solid condition. Land bank now and enjoy great rental returns until your decision to realise on the property’s higher use value, and further develop as a premium addition to your investment portfolio.
The existing character-filled residence consists of two queen-sized bedrooms, both complete with built-in robes, two bathrooms, and a spacious living area that opens out to a large covered patio. Also featured is a detached oversized double car garage, as well as a large workshop area with the option to utilise as additional storage space. There is plenty you could improve on to make this your ideal residence – this could be the perfect opportunity to secure a land parcel with abundant and potentially diversified possibilities.
The spacious central kitchen hub is well-laid out and comes equipped with quality appliances including gas cooktop, built-in oven, dishwasher, and offers an abundance of storage space. Complete with beautiful polished timber flooring throughout, split system air-conditioning and ceiling fans provide year-round comfort.
Cleverly configured and presenting a versatile floorplan, the current residence would be the perfect home for individuals, couples, or small families, or could be easily be reconfigured to suit an array of businesses, such as accountants, solicitors or medical practitioners. Utilise the existing building as residential or add a commercial occupant and enjoy fantastic rental yields - the opportunities are endless.
The strong demand for investment dwelling in this irreplaceable Caloundra location, the prospect to substantially increase portfolio income and real property value, proves a sound investment decision. Underpinned by Regional Business Centre zoning, the potential exists to further develop commercial offices, townhouse or duplex development, subject to council approval.
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Property Details for 23 Mayes Ave, Caloundra

23 Mayes Ave, Caloundra is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 604m2. The place is currently for sale with Yianni Mooney Property.

Building Type
House
Land Size
604m2

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About Caloundra 4551

The size of Caloundra is approximately 3.2 square kilometres. It has 8 parks covering nearly 36.9% of total area. The population of Caloundra in 2011 was 3,558 people. By 2016 the population was 3,914 showing a population growth of 10.0% in the area during that time. The predominant age group in Caloundra is 60-69 years. Households in Caloundra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caloundra work in a trades occupation. In 2011, 48% of the homes in Caloundra were owner-occupied compared with 49.9% in 2016.

Caloundra has 3,756 properties. Over the last 5 years, Houses in Caloundra have seen a 74.73% increase in median value, while Units have seen a 81.47% increase. As at 30 September 2024:

  • The median value for Houses in Caloundra is $948,519 while the median value for Units is $841,375.
  • Houses have a median rent of $620 while Units have a median rent of $570.
There are currently 40 properties listed for sale, and 14 properties listed for rent in Caloundra on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Caloundra.

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