Investment Advisory
Osprey Street Caloundra, Sunshine Coast, QLD
Originally a c1970’s fibro shack on a corner block of 784sqm, zoned medium density with a 15m height limit. This presented the opportunity for a three level scheme with a density of 6 townhouses. The site was purchased off market with the planning approval obtained within 8 months of settlement.
This property was marketed for sale as a tired 1960’s brick dwelling on 646qm. Zoned General Residential with space to the rear for the creation of second lot, presenting the opportunity for a 2-lot subdivision. The existing house was refurbished and the rear dwelling was constructed within 2 years from site purchase.
