Positioned in the tightly held Koala Park enclave of Burleigh Heads, this is an opportunity to secure a substantial parcel of land in one of the area's most desirable streets. Just 110 metres from pristine Tallebudgera Creek and a short walk to Echo Beach, the property offers an exceptional combination of location, existing rental income and future development potential.
Set on a generous 607m² block with medium-density, RD5 zoning, the property comprises a single-level dwelling configured as three self-contained 2-bedroom, 1-bathroom units, providing the opportunity to generate holding income while considering the site's future.
Whether you're a developer looking to capitalise on the area's growth, a builder searching for your next project with the added benefit of land banking, or an owner-occupier dreaming of building your own home, this property offers a range of possibilities in a sought-after coastal location.
Bullimah Avenue has established itself as one of Koala Park's standout addresses, renowned for its quality homes and impressive multi-dwelling developments, reflecting the ongoing appeal of this exclusive pocket of Burleigh Heads.
- Premium Bullimah Avenue address in exclusive Koala Park
- Generous 607m² block with medium-density & RD5 zoning
- Scope to build, renovate, re-develop, or explore alternative options (STCA)
- Opportunity to generate holding income while planning future use
- Existing single-level configuration comprising three two-bedroom units
- Each unit features one bathroom, ceiling fans & air con
- Unit 1 with private front courtyard with grassed area & gardens
- Unit 2 with its own garden shed
- Unit 3 with fully fenced grassed backyard & garden shed
- A single garage plus off street parking in the driveway
- 2 units currently leased, 1-unit vacant, potential return $2,100-$2,240 p/w
- Only 110m to Tallebudgera Creek & 5-minute walk to beautiful Echo Beach
- Close to Burleigh Heads beaches, the headland, cafés, restaurants & James St
- Convenient to local schools, shops, public transport & everyday amenities
- A rare opportunity to secure a development-scale holding in a tightly held street
Opportunities to secure a property of this scale in such a tightly held location are increasingly hard to come by. Secure the position, benefit from the existing income and explore the possibilities.
