25 Kennedy Parade

Sold for $1,050,000 24 August 2023

2 BEDS1 BATH607m2 LAND AREA

Develop, Landbank, Rebuild!

Located at the northern end of Golden Beach, just one block to the sparkling Pumicestone Passage, is this lowset brick home, circa 1980, in mostly original condition on a 607m2 block zoned medium density residential – offering a clear opportunity to redevelop or rebuild (stca) in this prime location.

The home itself is a classic design indicative of its era and comprises two bedrooms, one bathroom, combined living/dining with raked ceilings, kitchen, and laundry; there is also a 3x4.8m shed onsite.

In liveable condition ‘as is’ there is masses of potential to renovate/extend or rebuild and custom-design a fabulous lifestyle home just 190-metres to the sand, and two-minute drive to the boat ramp. The zoning also allows for the possibility of a townhouse, duplex, or apartment development (with 12-metre height limit).

Land-bankers seeking strategically placed investments should also take a serious look, attracting and retaining occupants in such a golden location is ‘given’, so you can earn an income whilst your block continues to appreciate in value.

Golden Beach is a relaxing, picturesque pocket of Caloundra with the magnificent Pumicestone Passage its jewel-in-the-crown attracting boating and fishing enthusiasts to its pristine waters. Local amenities such as the primary school, parks and playgrounds, dining, tavern, and shops are within walking distance; and its also a 10 minutes’ walk to Woolworths, and a 15 minute walk to Caloundra CBD.

Owner is motivated to sell, and this is a golden opportunity for a range of buyers, particularly those with a vision to redevelop or reimagine.

Summary of Features:

- Classic lowset brick home, circa 1980 - 190m to the beach, only one block back - 607m2 with 2-bed house + shed onsite - Solidly built, mostly in original condition - Zoned Medium Density Residential - Possible: duplex, unit, or townhouse site - Existing home could be renovated/extended - Outstanding land-banking opportunity - Walk to beach, shops, dining, & CBD - A golden location always sought after