17 Wyuna Drive, Noosaville, QLD

A good waterfront block with WNW orientation, in a desirable location on what is affectionately known as 'Hideaway Island'. These properties are tightly held and generally sell quickly when offered to market. This property offers huge development opportunity. Wyuna Drive is home to an array of very high quality architectural waterfront homes- this block absolutely lends itself to a similar style development. The key with this one is that you are not paying a premium for an A grade house, nor buying something that needs to be demolished immediately. The current house is very liveable, and is approved for short term holiday letting (locally known as the 'golden ticket' due to restrictions that were introduced on short-term letting in February 2022) . You can enjoy the property yourself and/or let it out for short stays for as you wish (for an attractive yield). All whilst contemplating how best to realise the properties future potential.

Neighbouring properties on Wyuna with the same westerly orientation generally look across the relatively narrow body of water into other houses (and they can look right back at you). At number 17, you are positioned close to the northern tip and associated wider body of water, so enjoy this outlook over the water accordingly. There are only around 5 houses with a true north orientation on Wyuna, which would cost you a minimum of 2-3 times the cost of this property.