Yianni Mooney Property proudly presents to the market 74 Queen Street, Caloundra. Alert … families, wise investors - this prime real estate won’t last long. If you have been searching for a great investment which is already set up to attract two independent rental incomes in one of the most popular southern Sunshine Coast suburbs, then your search is over. Just the second time offered in 20 years - 17.5mtr* frontage and set on a level 625sqm parcel of land in the very heart of one of Caloundra's up and coming medium density, residential development precincts. What a smart money investment – the perfect land-bank opportunity or develop immediately. With the current total footprint configuration of four bedrooms, two bathrooms, together with the added income of two independent dwellings, this property provides immediate financial potential with a sit and reap rewards approach in this rising property market. Options are endless - move in and renovate with your own flair and use as your own perfect future homesite with the surety of further capital gains. Alternatively, develop further and capitalise on your investment, or rent out the two individual units and take advantage of immediate solid income. And location is what it’s all about. Ideally positioned in an area where gentrification has seen a strong surge in recent times with numerous townhouse developments already completed and with more approvals in place, this could be a great financial opportunity to invest in a valuable and increasing property market. Under current town planning, this parcel is zoned medium density residential, allowing potential for a height build to 15 meters* (STCA). Delivering a great opportunity to secure in highly sought-after central Caloundra, and best described as incredibly convenient to everything a family or an astute investor may require. Local pristine beaches, the main CBD retail precinct, local shopping centre, surf clubs, bowls clubs, cinema, events centre, boutique shopping and dining, are all within short distance from your front door. You will find parks and recreational amenities, as well as both Caloundra primary and high schools only moments away. Ever popular Caloundra Golf Club is located literally just up the road. A premium addition to any portfolio. What we love about the property: - Development potential - Land bank – benefit from strong property market - Rare opportunity – two income streams - Solid return on investment – 2 units, 2 rents, 1 rates bill - Use as your own four bedroom, two bathroom family home - Upstairs - three bedrooms, one bathroom - Open plan living and dining area - Polished timber floors - twin single lock up garages - Perfect for families, investors or developers - Short distance to local shopping, trendy cafes, retail precinct - Just moments to Caloundra’s pristine 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 *approximately DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.