Rare Development Opportunity – Huge 1,879 sqm – Prime Central Location – Great Returns

Yianni Mooney Property proudly presents to the market 3 Rufous Court, Caloundra<br/><br/>Caloundra is fast becoming the area of choice for developers and investors in search of prime properties to land bank while enjoying fantastic rental yields.<br/><br/>An outstanding opportunity is now on offer to secure this non strata titled block of 4 villas, conveniently positioned in the heart of this beautiful southern Sunshine Coast beach suburb.<br/><br/>Investors – take note. Buy, add value and hold – the ideal investment strategy. <br/><br/>With Medium Density Development zoning and the strong demand for owner occupier dwellings in this irreplaceable central Caloundra location, this huge 1879sq parcel, is a unique land bank prospect for investment savvy buyers looking to develop, whilst returning a great income.<br/><br/>Sitting on a huge flat 1879sqm parcel of land, you are not only buying into a future development opportunity, but you are also buying four existing residential villas – 2 x 2 bedroom villas and 2 x 3 bedroom villas. All villas are in solid condition.<br/><br/>3 Rufous Court offers buyers the option to investigate a range of assessable uses to maximise its immediate development potential. With building plans available, the prospect to substantially increase both returns and real property value proves a sound investment decision. <br/><br/>Currently zoned Medium Density Development and a 15-metre* build height, the potential exists to knock down current dwellings and build up to 11 townhouses*. Realise on the property’s higher use value and develop immediately as a premium addition to your investment portfolio. <br/><br/>Positioned in an area where townhouses have been already completed, and with more approvals in place, this could be a great financial decision to capitalise in this rare and highly sought-after growth area.<br/><br/>These opportunities come up once in a lifetime cycle, don't be the one driving past in 10 years’ time wishing they had of purchased this exceptional development opportunity. <br/><br/>To be sold at Auction. <br/><br/>On offer:<br/>- Rare development opportunity<br/>- Prime location – Central Caloundra<br/>- Zoned medium density development<br/>- Huge 1879sqm parcel of land<br/>- Knock down and construct up to 11* units, STCA<br/>- Renovate existing villas and maximise the rent<br/>- Strata-title the villas, sell all four or keep some<br/>- Add additional villa’s to the existing site<br/>- Land-bank and watch the value grow in this sought-after location<br/>- Solid opportunity for investors wanting good returns and capital growth<br/>- 15 minutes* to the Sunshine Coast University Hospital<br/>- 25 minutes* to the Sunshine Coast Airport<br/>- 60 minutes* to Brisbane International Airport<br/><br/>Should you require any further information, please call Yianni on 0420 300 977<br/><br/>AUCTION; On-site Saturday, February 12 at 10.30am<br/><br/>*approximately