Maroochydore 20 Bungama Street

This original beach shack in a prime Maroochydore location, offers a superb renovation/extension or rebuild opportunity, on a 607m2 block zoned low density development, within walking distance to beaches, Cotton Tree, and new CBD.

The cottage itself comprises two bedrooms, functional kitchen and bathroom, open plan living, and laundry – it is not without charm, and could be rented out for income by an investor or land-banker. In addition, there is a garage/shed with mezzanine floor, toilet, wash basin and laundry tub, and a single carport.

There are clear possibilities to renovate/extend (subject to council approvals) or remove and build a stunning contemporary home in this coveted location, without fear of overcapitalising.on-sell for profit or move the family to the heart of the Sunshine Coast and savour the magic lifestyle Maroochydore has to offer!

The backyard is flat and low maintenance, with a north-east aspect – just perfect to put in a pool and create an amazing alfresco living space to complement a new build or amazing renovation. Start drawing up the plans, this is something to truly get excited about!

It is a case of 'what you see is what you get' and will be sold & Auctioned 'as is'.it certainly is liveable in current condition with only some works needed, as you will see from photos, so could very well suit an investor who can foresee the growth trajectory of this prime location well into the future – it's a winning purchase, regardless of intent.

Located just a 10-minute walk to Cotton Tree and SunCentral CBD, 15 minutes to Maroochydore Beach, and 18 minutes to Alexandra Headland Beach and surf club, and 20 minutes to Sunshine Plaza – this is 'location, location, location'.

Interest will be high from a range of buyers, put your best offer forward, this property has been tightly held for over 20 years!

Renovate Or Rebuild In Prime Location On 607m2Could Suit: Tradies/Builders/Investors/LandbankersCute Original Beach Shack From Back In The Day2-Bedrooms, Functional Kitchen & Bathroom, 1 LivingGarage/Storage: Mezzanine Floor & Toilet FacilitiesSingle Carport + Abundant Parking For Boat/CaravanNorth-East Facing Backyard – Sunshine & BreezesWalk To Cotton Tree, Beach/Surf Club, CBD, PlazaCoveted Location – Poised For Immense Capital GrowthTightly Held For 20 Years – Invest In A Golden Location!

Property Information

• Land area approx 607sqm

Property Features

• Carports 1
• Garages 1