Nestled amongst luxurious coastal homes, with an elevated vantage and the ability to maximise ocean views via development, this is a rare offering to the Noosa market. This exciting property offers an exceptional opportunity that will be in hot demand. This 602m2 site is to be sold as a whole with enviable development potential. Currently zoned (Noosa Plan 2020) as High Density Residential, allowing the lucky new owner to create a beachside haven up to three stories (12m maximum) to take advantage of available coastal views. There are many options to tailor the development of this site to suit the buyers intentions, including the development of a palatial family home, a duplex or multiple apartments - all with the addition of a sub-level basement; this is a chance to truly tap into the high demand for quality accommodation in this prized locale. Currently, there are two units (two separate titles), set on the site and both are tenanted (periodic leases) so you can enjoy an instant cashflow while your development plans are finalised with council. The apartments are well presented with a laid-back coastal vibe that will attract a host of tenants. This incredible opportunity is set on Henderson Street, a prized location that is just steps from the vibrant heart of Sunshine Beach village. A short, flat walk to Duke Street, lined with cool eateries, cafes and boutique shopping and only steps from the beach. Just a short drive from the dining and retail scene of Noosa Junction and only moments from Hastings Street, Noosa Main Beach and the main entrance to Noosa National Park this development is primed to be of great interest to developers and those wanting to build their own Sunshine Beach mega-home.