21 Wright St, Maroochydore is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Maroochydore in the last 12 months.
Here lies an exceptional opportunity to develop now or land bank for the future in this highly sought-after area. Positioned in a great street in the heart of Maroochydore, this premium block has DA approval for 9 x Apartments. Development of this site is likely to attract strong interest from buyers and tenants alike.
With Maroochydore in such short supply of options and strong re-sales, this is a sound investment opportunity. With an existing holding income coming from the tenanted house, this development will make commercial sense either today or in the years to come.
Located just a 5-minute walk from the riverfront and the popular Ocean Street precinct, this development offers residents convenient access to various recreational activities, dining options, and entertainment venues. The stunning beaches of Maroochydore are also just a short stroll away, providing the perfect opportunity to enjoy the sun, sand, and surf at residents' leisure.
Furthermore, the property's close proximity to Cotton Tree and the new Maroochydore CBD ensures access to a wide range of retail, dining, and commercial amenities. Don't miss your chance to take advantage of the growing demand for urban living in this vibrant coastal area!
Enquire today for a full information package.
The size of Maroochydore is approximately 12.6 square kilometres. It has 31 parks covering nearly 17% of total area. The population of Maroochydore in 2011 was 14,445 people. By 2016 the population was 16,764 showing a population growth of 16.1% in the area during that time. The predominant age group in Maroochydore is 20-29 years. Households in Maroochydore are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maroochydore work in a professional occupation. In 2011, 50.4% of the homes in Maroochydore were owner-occupied compared with 49% in 2016.
Maroochydore has 14,402 properties. Over the last 5 years, Houses in Maroochydore have seen a 77.11% increase in median value, while Units have seen a 77.91% increase. As at 31 August 2024:
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