Yianni Mooney Property proudly presents to the market 3 Rufous Court, Caloundra 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. 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. Investors – take note. Buy, add value and hold – the ideal investment strategy. 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. 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. 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. 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. 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. 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. To be sold at Auction. On offer: - Rare development opportunity - Prime location – Central Caloundra - Zoned medium density development - Huge 1879sqm parcel of land - Knock down and construct up to 11* units, STCA - Renovate existing villas and maximise the rent - Strata-title the villas, sell all four or keep some - Add additional villa’s to the existing site - Land-bank and watch the value grow in this sought-after location - Solid opportunity for investors wanting good returns and capital growth - 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 12 at 10.30am *approximately