Prime CBD Development Opportunity - Two Adjacent Parcels on Coolum Terrace!
Situated in the heart of Coolum, this rare offering presents an unparalleled development opportunity with two adjacent parcels of land, poised for transformation into a vibrant and future lucrative project. Boasting a CBD location and a substantial land area of 1012m2, these combined properties hold immense potential for a variety of development ventures.
Features at a Glance;
- Blue Chip Residential Site or Unit Development. - Zoned Medium Density - 3 Storey Design Approvals. - 150m to the Surf Club and Coolum Surf Beach. - 2 x Titles 506m2 each - Total Combined 1012m2. - 39 Coolum Terrace includes a dwelling, 2 bed 1 bath 2 car. - Air BnB rental - Not occupied currently. - 41 Coolum Terrace includes a dwelling, 1 bed 1 bath & 1 car. - Rented to a long-term tenant. $300 p/w. - Very high development potential - Subject to DA Approval.
This prime dual title sale opportunity offers investors, large-scale luxury home builder's and developers the chance to create a landmark project that aligns with the community's needs and enhances the overall appeal of the area.
With careful planning, market analysis, and community engagement, these two unique residences have the potential to become a cornerstone of Coolum's growth and development.
Features
Allocated Car Spaces
Inspections
No open inspections scheduled.
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Contact Kerry Sullivan to learn more about this property, request an inspection or take an online tour.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Nearby sales
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We found 7 houses with 3 bedrooms that just sold near 39 & 41 Coolum Terrace Coolum Beach
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.