In the tightly-held heart of Mooloolaba - just ~200m from the Esplanade, the beach and The Wharf - an entire complex is offered in one line for the first time in a generation.
39 Brisbane Road is a 607m² District Centre landholding comprising six strata units across a single parcel, presented together as one development opportunity. This is a rare chance to secure a blue-chip beachside site in a single, clean transaction - the value is in the land and what it can become.
The upside is in what can be built. The site carries an 18m height limit under the current scheme, with up to 28m proposed under the draft Sunshine Coast Planning Scheme (STCA). Developer appetite for this pocket is already proven - a comparable nearby site has a development application lodged (under Council assessment) for 17 apartments over six storeys.
In the meantime, it works for you. The units provide holding income of approximately $2,935 per week (~$152,600 p.a.) when fully leased, with tenancies rolling off between December 2026 and March 2027 - income through your finance and approval period, then a natural path to vacant possession in line with a typical development timeline.
And there's real flexibility in how you play it. Land-bank and hold on the income, refurbish and reposition the six existing units to lift rents and value, or develop the site in time (subject to approval). It's a rare add-value opportunity that will appeal to developers, astute investors and SMSF buyers alike - a tightly-held beachside asset offering income today and genuine upside tomorrow.
Offered to the market by Auction (if not sold prior), in one line and marketed to developers and investors locally and globally through McGrath and the Knight Frank network.
Key features
• 607m² District Centre-zoned parcel - a single amalgamated development site
• Six strata units, sold together in one line under a single contract
• ~200m to Mooloolaba Beach, the Esplanade and The Wharf precinct
• 18m height now, with up to 28m proposed under the draft scheme (STCA)
• Holding income ~$2,935/week (~$152,600 p.a.) when fully leased
• Add-value flexibility - refurbish and reposition, land-bank, or develop (STCA)
• May suit developers, private investors and SMSF buyers
• Leases roll to vacant possession late 2026 – early 2027
• Developer demand - comparable DA nearby for 17 apartments / 6 storeys
• For sale by Auction - a rare in-one-line beachside opportunity
Convenience at your fingertips!
Positioned in the tightly-held heart of Mooloolaba, everything is at your doorstep:
• ~2–3 minute walk (~200m) to Mooloolaba Beach, the Esplanade and the Mooloolah River
• Short stroll along Brisbane Road to The Wharf Mooloolaba - SEA LIFE Sunshine Coast, waterfront dining, bars and boutiques
• Moments to the Esplanade's cafes and restaurants and the Mooloolaba Surf Life Saving Club
• A few minutes to Mooloolaba State School and Mooloolaba Central shops
• ~8 minutes to Kawana Shoppingworld
• ~10 minutes to Sunshine Coast University Hospital, Birtinya
• ~15 minutes to Sunshine Coast Airport
• ~90 minutes to Brisbane
For sale by Auction (if not sold prior). Contact Damien Michael 0413 024 124, Glenn McIntosh 0460 860 544 or Daniele Gabrielli 0416 441 048, McGrath.
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