UNIT 4 'WATERMARK' | 38 MALOJA AVENUE, CALOUNDRA
Positioned on the ground floor of the highly sought-after Watermark Caloundra, this beautifully renovated waterfront apartment presents an outstanding opportunity for investors, lifestyle buyers and those seeking a premium coastal escape.
Overlooking the picturesque Pumicestone Passage, this unique dual-key residence offers exceptional flexibility. Configure the property as a spacious three-bedroom apartment or utilise the dual-key layout to lease the one-bedroom and two-bedroom residences independently. This versatile design opens the door to multiple income streams, making it equally suited to permanent rentals, holiday accommodation or owner-occupiers wanting the option to generate additional income while retaining their own private retreat.
Having undergone a quality renovation in 2024, every detail has been thoughtfully updated to deliver a modern, low-maintenance property that's ready to enjoy from day one.
Why You'll Love It
Flexible dual-key design offering multiple rental and lifestyle options
Lease as a one-bedroom, two-bedroom or full three-bedroom apartment
Fully renovated throughout in 2024 with quality finishes
Ground-floor position with effortless access
Light-filled open-plan living flowing to private outdoor entertaining areas
Two private balconies capturing refreshing coastal breezes
Contemporary kitchen with stone benchtops, quality appliances, glass splashback and excellent storage
Air-conditioned living area and master bedroom
Three generous bedrooms with built-in wardrobes and ceiling fans
Stylish renovated bathroom plus separate toilet
Internal laundry
Marine-grade Crimsafe security screens
Secure undercover parking with private storage
Resort facilities including swimming pools, spa, BBQ area and private jetty
Professionally managed complex in an exceptional waterfront setting
An Investment That Works Harder
Few properties offer the versatility of this dual-key configuration. Investors can maximise returns by operating two separate rental opportunities or adapt the layout to suit changing market demands. Lifestyle buyers also benefit from the flexibility of occupying one section while generating income from the other, creating the perfect balance between lifestyle and investment.
Waterfront Living in the Heart of Caloundra
Set on the shores of the stunning Pumicestone Passage, Watermark enjoys one of Caloundra's most desirable waterfront locations. Cafés, restaurants, boutique shopping, patrolled beaches, coastal boardwalks, golf courses and medical facilities are all within easy reach, making this an ideal base for permanent living, weekend escapes or holiday accommodation.
Whether you're expanding your investment portfolio, searching for a lock-up-and-leave coastal residence, or looking for a waterfront property with genuine income flexibility, this is a rare opportunity to secure a premium apartment in one of the Sunshine Coast's most tightly held locations.
Properties offering this level of flexibility, location and quality are rarely available. Contact us today to arrange your inspection.
