Presented by Will Van den Dungen of Ray White Kawana Waters - Parrearra specialist, Kawana Waters' top-selling agency.
Positioned at 132 Sunbird Chase, Parrearra, this exceptional 736m² parcel presents a rare opportunity for astute investors and developers in one of the Sunshine Coast's most tightly held coastal corridors. Currently improved with a spacious four-bedroom, two-bathroom residence encompassing approximately 213m² under roof, the property offers immediate rental income while future development plans are explored.
The site is earmarked within a proposed Medium Density Residential Zone, allowing for development of up to six storeys and a maximum building height of 22 metres (STCA). This outstanding potential opens the door to luxury apartments, boutique townhomes, or a high-performing investment complex in an area synonymous with strong growth and enviable lifestyle appeal.
Perfectly positioned, the property is just an easy 800-metre stroll to the golden sands of Kawana Beach, with convenient pedestrian access through to Nicklin Way enhancing connectivity to surrounding amenities, transport, and retail precincts. The Sunshine Coast University Hospital is only 10 minutes away, while the Sunshine Coast Airport can be reached in approximately 14 minutes, underpinning strong ongoing rental demand.
Complete with double lock-up garaging and generous yard space, the existing home will also appeal to families or tenants seeking relaxed coastal living in a blue-chip location.
Capitalise on this rare combination of immediate return and future upside, opportunities of this calibre in Parrearra are seldom offered.
For more information or to arrange an inspection, contact Will Van den Dungen at Ray White Kawana Waters - rated 4.9 stars on Google by 814 customers.
