23 Mayes Avenue

Caloundra QLD 4551

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.

Whether you consider further improvement as a residential development or commercial proposition, the location presents as ideal, moments to the award-winning Caloundra RSL, McDonalds and other speciality businesses, and within very close proximity to established medical practices and professional suites.

Add to this, the short stroll to schools, beautiful local beaches, CBD, parks, cafés and with the nearby University Hospital now open, future planned development of the surrounding Health Precinct, $20 Billion dollars* of infrastructure underway and the growth of Caloundra South Urban Development Area, this property will be highly sought after.

Don’t miss this opportunity to purchase such a unique property, ideally located in the heart of Caloundra and with an array of exceptional investment opportunities.

A premium addition to any property portfolio.

What we love about the property:
- Prime exposure – 604sqm flat corner parcel
- Character-filled two bedroom, two bathroom home
- Large living space opens out to covered patio
- Spacious central kitchen – quality appliances, great storage
- On-point polished timber flooring throughout
- Dedicated laundry
- Rare development opportunity – zoned Regional Business Centre
- Suit commercial office, townhouse or duplex development (STCA)
- Overised double garage – additional workshop space
- Fully fenced – separate garden shed
- Solid addition to any property portfolio
- Moments to Caloundra CBD precinct and entertainment
- Short stroll to patrolled surf beach, trendy cafes, restaurants
- 15 minutes* to the Sunshine Coast University Hospital
- 25 minutes* to the Sunshine Coast Airport
- 60 minutes* to Brisbane International Airport

Should you require any further information, please call Yianni on 0420 300 977

*approximately

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.