Some properties are simply irreplaceable. Tightly held in the one family for an extraordinary 98 years, 21–23 Pacific Terrace, Coolum Beach, is being offered to the open market for the very first time. This is a once-in-a-lifetime opportunity to secure an exceptionally rare piece of Sunshine Coast real estate, where an extraordinary history meets an exciting future.
Spanning a prestigious 1,012m² double block, this remarkable landholding boasts street frontages to both Pacific Terrace and Coolum Terrace, offering exceptional flexibility and exciting possibilities. Elevated to capture panoramic ocean views stretching north to Noosa and south to Point Arkwright, the property occupies a truly enviable position along the Coolum Beach coastline.
Currently zoned medium-density with a 12-metre building height allowance, the site presents an outstanding opportunity for visionary developers and astute investors to explore the potential for a luxury residential development. Imagine creating an exclusive collection of high-end apartments, where expansive ocean views, premium finishes and an enviable coastal lifestyle combine to deliver something truly exceptional.
The existing home has been lovingly cared for over the years and remains in great condition, offering comfortable accommodation and an opportunity to generate holding income while future plans take shape. Upstairs, two bedrooms are serviced by a two-way bathroom, complemented by open-plan living, a second sitting area and an entertaining balcony capturing stunning ocean views. Downstairs, an additional bedroom and living area provide excellent flexibility for guests, extended family or a home office.
Adding to the appeal is an exceptional lifestyle location, where convenience and seaside living go hand in hand. Just a short stroll from the property, Coolum's vibrant village precinct offers an inviting selection of cafés, restaurants, boutique shopping and everyday conveniences, along with the patrolled surf beach, iconic Coolum Surf Club and beautiful coastal boardwalk. Enjoy your morning coffee, a swim in the ocean or an evening dining out, all without needing to get in the car. It is this enviable combination of elevated ocean views, coastal charm and walk-to-everything convenience that makes this position so incredibly desirable.
Opportunities of this calibre, combining an extraordinary family history, substantial landholding, dual street frontage, panoramic ocean views and significant development potential (STCA), are exceptionally rare.
The first time offered in 98 years, it really is a once-in-a-lifetime opportunity to secure a landmark piece of Coolum Beach real estate.
** Please note that this property is available to view via private inspection only. Contact us to arrange a time to view**
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.
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