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1 Moreton Parade Kings Beach, QLD 4551

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1 Moreton Parade,
Kings Beach, QLD 4551

Development Sites & Land • Hotel, Motel & Leisure

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Substantial Land Holding – Entire Block of 6 Residential Apartments Plus Additional Development Site

  • Land Bank or Develop
  • Block of 6 Apartments + Development Site
  • $99,320pa Income & Potential to Increase
Savills on behalf of the sellers are pleased to present 1 Moreton Parade & 52 Edmund Street, Kings Beach for sale in one line. The 1,601sq m* property is situated perfectly in the heart of Kings Beach opposite Kings Beach amphitheater, dining precinct and beach facilities.

- 1,601sq m* over two titles with the potential use of the 611sq m council road reserve for additional car parking and access
- Building height limits up to 21 meters* subject to council approval
- Entire block of fully leased six (6) residential units with income of $99,320pa*
- Tourist Accommodation and High Density Residential zoning
- Potential of increasing income with leasing Ex Kings Beach Service Centre
- 350m* walk to Queensland Safest Beach in 2015/16
- 850m* to Caloundra CBD
- 30mins* drive to Maroochydore
- 27km* to Sunshine Coast Airport
- 90km* to Brisbane Airport
- Motivated vendors require result
(*Approx.)


For more information and detailed Information Memorandum please contact Savills exclusive agents Will Carman on 0477 666 355 or Scott Gardiner on 0415 679 1....

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Property ID: 502620770Last Updated: 27 Aug 2018

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04156791...
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1 Moreton Parade
Kings Beach, QLD 4551
Savills - Sunshine Coast
Level 5, 26 Duporth Avenue
MAROOCHYDORE, QLD 4558

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