Back 58 Matthew Flinders Drive
Off Market

58 Matthew Flinders Drive

Cooee Bay QLD 4703

8
4
4
931 m²
Block of units
Last sold for $1,800,000
Cheyne WhiteCheyne White, last sold this property on 12 February 2026 after 63 days on market.

Overview

Prime Cooee Bay Investment Opportunity - Steps from the Beach

Opportunities like this in one of Yeppoon's most sought-after suburbs don't come along often. Perfectly positioned in iconic Cooee Bay, this corner block is directly across the road from the popular 2 Sisters Coffee Shop and only 50 metres from the beach - the ultimate lifestyle and investment address. Set on a premium parcel of land, this property features 4 x 2-bedroom, 1-bathroom units, each currently tenanted and collectively returning $1,370 per week, with rental potential of $1,680-$1,880 per week. Whether you're looking to land bank for the future, renovate and add value, or secure a high-performing investment in a blue-chip coastal location, this property offers unmatched flexibility and growth potential. Key Features: • Highly sought-after Cooee Bay location • Corner block position • 4 x 2-bedroom, 1-bath units • Currently returning $1,370 per week • Projected rental return $1,680-$1,880 per week • Directly across from 2 Sisters Coffee Shop • Only 50m to the beach • Endless potential to renovate, modernise, or hold for future capital growth This is your chance to secure an exceptional investment in one of the Capricorn Coast's tightest-held pockets. Opportunities like this are rarely offered and quickly snapped up - act fast. Call Cheyne White Today 0414060810 Offers to Purchase closing 9/01/26 unless sold prior

Features

8 bedrooms
4 bathrooms
4 carspaces
4 carport spaces
931 m² lot size
Block of units

Estimated Value

We need at least 3 similar 8 bedroom block of units sold in Cooee Bay over the last 12 months.

Property history for 58 Matthew Flinders Drive

2026
Sold
$1,800,000
12 Feb 2026 by Cheyne White, of Ray White Yeppoon

Happy sellers in Cooee Bay

76%
76% of sellers in Cooee Bay reported that their sale price either exceeded or met their price expectations.

Cooee Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Cooee Bay over the last 12 months.

Local market activity for 8 bedroom block of units in Cooee Bay

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