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5 & 7 First Avenue Maroochydore, QLD 4558

5 & 7 First Avenue,
Maroochydore, QLD 4558

Development Sites & Land

Price information

Sale

Expressions of Interest closing Thu 28 Apr 4pm

Key property information

Land area

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$112,000
Number of Tenants
7 Tenants

Private inspections

to arrange a private inspection.

Map

Directions

Central Sunshine Coast Infill Development Site with Ocean View Potential

  • Principal Centre - 25m height limit
  • DA for Mixed-Use Development
  • Walk to Major Retail & Lifestyle Amenity
5 – 7 First Avenue Maroochydore is positioned in a key Maroochydore location within strolling distance of the Maroochy River, Sunshine Plaza & Big Top Shopping Centre and the emerging Sunshine Coast CBD, offering residents access to a variety of major employment, retail/dining & lifestyle/leisure options.

The amalgamated parcel has a frontage of 40.1 metres* with a 25 metre* allowable height limit, presenting an ideal opportunity to deliver an efficient mixed-use residential apartment development.

Key features of the properties include:

- Land Area - 1,905sqm*
- Principal Centre Zoning
- 25 metre* maximum height limit
- Over 40 metres* of road frontage
- Development Approval for a mix of short term Suites, Apartments, Retail/Food & Office (5 First Avenue only)
- Current gross annual holding income of $112,000*
- Potential fully leased gross holding income of $238,000* at current market rates
- Maroochy River and Ocean View potential
- Walking distance to Sunshine Plaza, Maroochydore CBD, Maroochy River & Beach

5-7 First Avenue presents a rare opportunity to purchase an amalgamated infill development site in a highly sought after location. Interested parties are encouraged to contact the exclusive marketing agents below.

For Sale - by Expressions of Interest closing Thursday 28 April 2022 at 4pm

For more information, please contact exclusive marketing agents Baydn Dodds or Daniel Vella of Colliers

*approximately

**This property is being sold without a price therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes

Property ID: 504038507Last Updated: 27 Jun 2022

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5 & 7 First Avenue
Maroochydore, QLD 4558
Colliers - Sunshine Coast
Level 5, 57 The Esplanade
COTTON TREE, QLD 4558
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