Yianni Mooney Property proudly presents to the market 13 Bingera Terrace, Caloundra. Looking for an investment property with potential to provide double the income? Are you looking to land bank now and redevelop in the future? Then, look no further. Packed with character and charm, 13 Bingera Terrace offers two duplexes consisting of two spacious bedrooms, one bathroom and one car accommodation. With great tenants in place, there are excellent returns for the astute investor, and so many options for the future. This unique property shows exceptional potential with a strong residential yield, located in a highly sought after Caloundra Business Centre Region. With a Major Centre Zoning and functional existing improvements, this prime piece of real estate provides a rare opportunity for developers, investors or owner occupiers to secure valuable freehold property in a booming and highly sought-after Sunshine Coast location. This unusually wide street frontage delivers a great opportunity to advertise any future business with over 14 metres of rare commercial land parcel, providing a potentially ideal commercial exposure right in the hub of Caloundra. Centrally positioned on a unique 635sqm* freehold site and is ideally located approximately 100 metres from the 'Village Shopping Centre' all your needs are catered for. Whilst all Caloundra's attractions including outstanding beaches, surf clubs, bowls club, RSL, cinema, events centre, boutique shopping and dining are all within walking or very short driving distance. This is the perfect time to purchase a smart investment in an ideal commercial location. This prime piece of real estate offers the potential for long-term redevelopment into commercial or further residential expansion. With strong underlying land value, this rare parcel is currently tenanted by 2 x 2 bedroom set of duplexes, with the ability to improve income or occupy and further develop the balance of the site. The southern Sunshine Coast beachside suburb of Caloundra is considered one of the fastest-growing regions in Australia - highly sought-after investment location with very limited single title freehold assets in the region. Ideally located just a mere 400mtrs* to the proposed world-class Paloma Paloma Resort, a $250 million dollar hotel, hospitality and residential development that will provide for further employment and attraction to the city of Caloundra. It's no secret properties like these don't come up every day. Land bank – use now and achieve great returns – develop and reap the returns. To be sold at Auction. What we love about the property: - Duplex pair on one title – live in, land bank, develop - 635sqm* parcel – Major Centre Zoning - Huge 14.7 metre frontage - building height allowable to 18 mtrs* - Rare development opportunity - Highly valuable Sunshine Coast location - Suitable for commercial office, townhouse or duplex development - Currently fully tenanted – great return - – 2 x 2 bedroom dwellings - Sought after central CBD position - Just 100mtrs* to local main shopping centre - Walk to Bulcock Street, trendy cafes, restaurants and local beaches - 15 minutes* to the Sunshine Coast University Hospital - 25 minutes* to the Sunshine Coast Airport - 60 minutes* to Brisbane International Airport Should you require any further information, please call Yianni on 0420 300 977 AUCTION: On-site Saturday, February 26 at 10:30am *approximately