For Sale

5 Fairview Ct, Maleny, QLD, 4552

Offers Over $925,000

3
2
868 m²

House

30+ days on the market

What's around 5 Fairview Ct

Development Opportunity with Holding Income

Tucked away in a quiet, leafy cul-de-sac only 550-metres to the heart of Maleny CBD is this 869m2 block zoned Medium Density Residential, allowing for the potential development of units/townhouses/duplex (stca) in this ultra-convenient pocket of town. Currently there is a two-storey dwelling onsite with two fully self-contained levels with each floor rented out separately, providing a holding income in the interim for land-bankers or developers whilst preparing plans, submitting to council, and waiting for approval. The dwelling comprises three bedrooms, two bathroom/laundry combos, two living areas, along with multipurpose space. Existing features include fireplace, raked ceilings on upper level, solar power, and solar hot water. Maleny is an iconic hinterland town with a vibrant community and bustling town centre, known for its arts, natural beauty, boutique shopping and dining, national parks, and glorious, lush countryside. In recent years demand for quality residential developments has outstripped supply, and potential multi-unit dwellings are very much needed as an increasing number of buyers are seeking low-maintenance lock-and-leave living. Not only is Fairview Court walking distance to town's extensive amenities but also to local schools and fabulous parks/playgrounds. Residents living here will rarely need to use their cars, they can walk everywhere with ease. Landsborough train station is a 20-minute scenic drive down the Blackall Range for rail to Brisbane and Sunshine Coast beaches are a 35-minute drive. Maleny provides a perfect green-change still within easy driving distance of the coastal strip; it's the best of both worlds. Opportunities such as this in Maleny are generally as rare as unicorns, so interest in this site will be strong. Contact agent to find out more, this will sell at (or prior to) Auction. In Queensland, the Property Occupations Act 2014 and associated guidelines specifically prohibit real estate agents from providing price guides or indicative pricing to potential buyers when marketing properties for auction. This is designed to ensure fairness and prevent misleading conduct since the final sale price is determined on the auction day and cannot be predicted accurately. Agents cannot disclose price guides during auction campaigns, including in advertisements or verbal communications with buyers. This rule emphasizes maintaining transparency and avoids creating false expectations among potential buyers • 869m2 site in quiet leafy cul-de-sac • Zoned Medium Density Residential • Could suit 4-unit development (stca) • Short walk to CBD & town amenities • Dwelling onsite generating rental income • Landbank or redevelop for future profit • Rare opportunity not to be missed

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