OFF MARKET

23 Upper Gay Terrace
Kings Beach QLD 4551

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 111m2
Land area: 779m2
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Last updated 18 Nov 2024
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Property Details for 23 Upper Gay Tce, Kings Beach

23 Upper Gay Tce, Kings Beach is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 779m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in January 1992.

Building Type
House
Floor Size
111m2
Land Size
779m2
Local Government
Sunshine Coast Regional
Lot/Plan
80/RP67115

Last Listing description (November 2024)

The main beauty of this property is the boundless potential on offer with the opportunity to own an exclusive piece of land in one of Sunshine Coast's prime development zones.

Situated in the heart of Kings Beach, all amenities will be at your finger tips, being in close proximity to education facilities, public transport, Main Street Caloundra, Sporting Clubs, and the local foreshore caf and restaurants we are renown for.

Of course you can't go past being able to wake up to the sound of chasing waves and strole along the pristine sands of Kings Beach.

Zoned as "High Density Residential" (Sunshine Coast Regional Council Planning Scheme) with a generous height limit of 21 meters (7 stories*), the possibilities are limitless with the unique asset of dual street access making it a standout choice for those with a keen eye for development prospects.

If you are ready to take on your own "The Block" project this site is a must to consider with endless possibilities to design and development a stunning multi-story building that takes advantage of the spectacular ocean views and the essence of coastal living in its entirety.

Whist your planning your new design you will be able to achieve a passive income with the current home already having a long term tenant in place. A true beachside home with polished timber floors throughout the 3 bedrooms and high ceiling allowing great natural light and beautiful sea breezes.

Act now, to avoid disappointment. Opportunities to purchase a property of this calibre do not come up often.

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Property History for 23 Upper Gay Tce, Kings Beach, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$135,000
18 Jan 1992
Listed for Rent
$415/w
31 Jul 2020
  • 20 Nov 2024
    Listed for Sale $1,700,000
  • 21 Jul 2020
    Listed for Rent $415 / week
  • 18 Jan 1992
    Sold for $135,000

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About Kings Beach 4551

The size of Kings Beach is approximately 0.6 square kilometres. It has 3 parks covering nearly 12.2% of total area. The population of Kings Beach in 2011 was 2,528 people. By 2016 the population was 2,775 showing a population growth of 9.8% in the area during that time. The predominant age group in Kings Beach is 60-69 years. Households in Kings Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kings Beach work in a professional occupation. In 2011, 40% of the homes in Kings Beach were owner-occupied compared with 43% in 2016.

Kings Beach has 3,148 properties. Over the last 5 years, Houses in Kings Beach have seen a 47.02% increase in median value, while Units have seen a 90.21% increase. As at 31 October 2024:

  • The median value for Houses in Kings Beach is $932,775 while the median value for Units is $857,132.
  • Houses have a median rent of $645 while Units have a median rent of $600.
There are currently 31 properties listed for sale, and 6 properties listed for rent in Kings beach on OnTheHouse. According to CoreLogic's data, 166 properties were sold in the past 12 months in Kings beach.

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