11-17 Ocean Street, Maroochydore, Qld 4558
- Property No. 503912450
- Show Page Visits
- For Sale
- Expressions of interest closing Wed 27 October 4pm
Substantial Approved Maroochydore Development Site
- DA - 110 Units
- 1,775m² Retail/Commercial
- Strong Holding Income
- 40mtr height limit. Ocean view potential
- Land Area
- 0.42ha (1.04 acres) (approx)
- Floor Area
- 4,211 m²
- Last Updated
- Oct 23, 2021
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Substantial Approved Maroochydore Development Site
Colliers are pleased to offer to the market an outstanding mixed use residential development site opportunity in a prime Maroochydore location. On offer is a substantial landholding which benefits from a recent Development Approval offering Ocean view apartments from upper levels, Short Term Hotel style accommodation on lower levels and ground and first floor retail/commercial.
Key features of the properties include:
- Land Area - 4,211sqm*
- MCU Approval for Apartments, Hotel, Retail/Food/Commercial
- 40 metre* height limit
- Zoned ‘Principal Centre’
- Fully leased net income of $840,000* (current income $575,000*)
- Fully serviced level sites
- Surrounded by walkable amenity including Sunshine Plaza, Big Top Shopping Centre, cafes/restaurants, Maroochy River & Beach
- Walking distance to Sunshine Coast CBD major employment precinct
- Short 9km* drive to Sunshine Coast Airport
11-17 Ocean Street, Maroochydore presents an extremely rare opportunity to purchase a substantial landholding in a prime Sunshine Coast location, to either develop now or hold and enjoy the considerable holding income. The Sunshine Coast has been on a