Mooloolaba 93 Palm Drive

Located in central Mooloolaba within walking distance to the beach, Esplanade and primary school, is this basic low-set brick home on a 508m2 block – ripe for renovation/extension or build your lifestyle masterpiece on the site without fear of overcapitalising in this premium location.

As is, the home comprises three bedrooms, one bathroom, two toilets, formal lounge, functional kitchen with adjacent dining, and laundry at rear of single lock up garage. It has been recently fully repainted inside, and existing features include ceiling fans, security screens, and lock up garden shed.

There is clear potential to renovate and extend (subject to council approvals) to create something amazing in this coveted location – to either on-sell for profit, or to live in and call 'home'. This would be the perfect job for the builder/tradie that loves a project, and there's plenty of examples in and around the neighbourhood of stunning transformations.

Builders will also see the potential to knock down the home and build a custom-designed contemporary property; and there is also a land-banking opportunity, purchase today and rent out in this tight rental market and retain until ready to on-sell again for further profit, or renovate/build.

The backyard is currently a blank canvas; north-east facing, it is ideal to put in a pool and create a fabulous alfresco entertaining area.somewhere to relax with a cold drink and a BBQ after a morning at the beach.

Mooloolaba is the jewel in the crown along the central Sunshine Coast, any investment here is an investment not just in lifestyle and location, but exceptional future capital gain. Tightly held by investor owner for 20 years, this is going to be an absolutely cracking Auction; if you've seen some of the recent Auction activity on the news, well watch this space, this one will be red-hot.

If you have any interest in this property, contact the Agent for further information. Don't be left saying 'if only'.

Renovate Or Rebuild – Tradie Alert, No Fear Of Overcapitalising3 Bedrooms, 1 Bathroom, Formal Lounge + Separate DiningFunctional Kitchen, Laundry & 2nd Toilet In Single Lock Up GarageRecently Repainted Throughout, Ceiling Fans, Security Screens509m2 Block North-East At Rear – Perfect For A Pool & AlfrescoCould Be Updated To Rent Out & Landbank For Future ProfitCustom-Design & Build An Amazing Lifestyle Residence Renovate Upwards And Outwards (Subject To Council Approvals)Flat Walk To Beach, Esplanade, Local Shops, And Primary SchoolTightly Held By Long-Term Investor For 20 Years.Make It Yours!

Property Information

• Land area approx 508sqm

Property Features

• Garages 1