Back 5 Upper Gay Terrace
Off Market

5 Upper Gay Terrace

Kings Beach QLD 4551

2
1
2
607 m²
House
Last sold for $1,400,000
Natascha Drexel-MunroNatascha Drexel-Munro, last sold this property on 10 February 2026 after 43 days on market.

Overview

Position, Potential & Possibilities at Kings Beach

Welcome to 5 Upper Gay Terrace! A classic, light-filled beach house offering a rare opportunity to secure a prime foothold in the tightly held Kings Beach market. Set on a generous 607m² allotment, the real value lies in the High-Density Residential zoning. With a 21-metre height allowance (STCA), this is a site brimming with future potential. From a few storeys up, the coastal outlook would be nothing short of spectacular. Perfectly positioned in one of Kings Beach's most sought-after streets, this address places you just moments from the sand, surf, cafés and coastal walking paths. Kings Beach is renowned for its relaxed coastal atmosphere, patrolled beach, oceanfront dining and year-round lifestyle appeal. With Caloundra's town centre, schools and everyday amenities close by, this is beachside living with lasting appeal and strong long-term growth. The existing residence is a charming and comfortable classic beach house, filled with natural light and featuring timber floorboards throughout. The kitchen and bathroom have been updated, making the home immediately livable or ready to rent while you consider future options. Upstairs, enjoy ocean glimpses and cooling sea breezes from the large undercover balcony, the perfect spot for relaxed coastal living. Downstairs, a versatile multi-purpose room offers flexibility for guests, storage or additional living space. Key Features: • 607m² block with approximately 14.9m frontage • High Density Residential zoning with 21-metre height limit (STCA) • Light and bright classic beach house with timber floorboards throughout • Two bedrooms upstairs plus a downstairs multi-purpose room • Neatly updated kitchen and bathroom • Large outdoor entertaining areas • Prime Kings Beach position with strong future upside • Purpose-built golf practice zone featuring a putting and chipping green plus a fully enclosed 3m x 3m x 3m driving cage Facilities • Close to educations hubs, public transport, downtown Caloundra, Caloundra Shopping Centre and Golf Club • An hour's drive to Brisbane and both the Domestic and International Airports • Thirty minutes to Australia Zoo, the Glass House Mountains and Sunshine Coast Hinterland • Close to the Sunshine Coast Hospital and University Precincts • Moments to the beach, surf, parklands and amphitheater • Close by you will find the Metropolitan Surf Lifesaving Club, restaurants, parks, water fountains for the children and the Sunshine Coast Boardwalk. • Mooloolaba, Maroochydore, Noosa and the Sunshine Coast Airport are only approx 30-minute drive away *STCA - Subject to council approval 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.

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
607 m² lot size
House

Estimated Value

We need at least 3 similar 2 bedroom houses sold in Kings Beach over the last 12 months.

Property history for 5 Upper Gay Terrace

2026
Rented
Undisclosed
Leased on 24 Mar 2026 by Ray White Caloundra
2026
Sold
$1,400,000
10 Feb 2026 by Natascha Drexel-Munro, of Ray White Caloundra

Happy sellers in Kings Beach

88%
88% of sellers in Kings Beach reported that their sale price either exceeded or met their price expectations.

Kings Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 25 reviews in Kings Beach over the last 12 months.

Local market activity for 2 bedroom houses in Kings Beach

In the last 12 months, 1 two-bedroom house similar to 5 Upper Gay Terrace, have been sold.

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