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IM - 27-31 First Avenue, Coolum Beach

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27-31

FIRST AVENUE

Coolum Beach FOR SALE RARE

3,036M2* COASTAL DEVELOPMENT SITE THREE LOTS IN ONE LINE

DAVID LOW WAY
DAVID LOW WAY

31 29 27

INTRODUCTION PROPERTY HIGHLIGHTS

RWC Northern Corridor Group are pleased to present to the market this rare three-lot development opportunity located in the heart of Coolum Beach. Comprising a substantial landholding with existing holding income, the site is ideally positioned for a future townhouse or unit development (STCA), offering an exceptional opportunity to secure a coastal development asset in a tightly held, high-growth location just moments from the beach.

All enquiries in relation to this opportunity are to be directed to the exclusive marketing agents:

Samuel Hoy

Senior Agent 0423 795 273

samuel.hoy@raywhite.com

Grant Simpson

Senior Agent 0422 587 143 grant.simpson@raywhite.com

Cory Hoy

Sales & Leasing Executive 0421 004 484 cory.hoy@raywhite.com

*

 Three (3) adjoining allotments offered for sale in one line, presenting a rare opportunity to secure a consolidated development-scale holding

 Two (2) existing dwellings on-site providing immediate holding income while future plans are progressed

 Generous combined land area of 3,036m2*, ideal for a range of medium-density development outcomes (STCA^)

 Impressive total street frontage of approximately 60 metres, enhancing design flexibility and street presence

 Strategically located within the high-growth coastal market of Coolum Beach

 Zoned Medium Density Residential, supporting future redevelopment potential subject to council approval

 Permitted building height of up to 12 metres across all three allotments

 Situated within the Urban Footprint, providing planning certainty

 Located outside flood-affected areas

 Close to all major amenities

 One street back from the beach with direct coastal access

 Extremely limited supply of sites of this scale in Coolum Beach

FOR SALE IN ONE LINE: Expressions of Interest closing Friday 20 March 2026.

EXECUTIVE SUMMARY TOWN PLANNING

Legal Description

Lot 17 on Registered Plan 27007

Lot 16 on Registered Plan 27007

Lot 15 on Registered Plan 27007

Total Site Lot 17 – 1,012m²*

Lot 16 – 1,012m²*

Lot 15 – 1,012m²*

3,036m²*

Zoning Medium Density Residential

Site Description

Three adjoining allotments positioned side by side in a regular configuration, comprising a combined land area of 3,036m2*. The sites are east-facing, with two allotments improved by older-style dwellings providing holding income and one vacant allotment containing light vegetation. There are no apparent overlays affecting the site.

Medium Density Residential

Frontage

Strong street frontage to First Avenue across three individual allotments, with potential for multiple driveway access points (STCA^). Combined frontage is approximately 60 meters*. Services Fully serviced with sewerage, stormwater, power, electricity and telecommunications infrastructure available to each allotment.

Local Planning Scheme

The subject land is zoned Medium Density Residential under the Sunshine Coast Council planning framework. The purpose of the Medium Density Residential zone is to provide for a mix of low and medium density residential activities in a predominantly low-rise format, principally accommodating multi-unit residential uses such as townhouses, terrace homes and other grouped dwellings for permanent residents. The zone supports development that is appropriate in scale and character for residential neighbourhoods while also allowing small-scale community activities and services that primarily serve local residents.

The applicable planning instrument is the Sunshine Coast Council Planning Scheme 2024. All development proposals on the subject land would be assessed under the provisions of this planning scheme.

LEGEND

27, 29 & 31 First Avenue, Coolum Beach, Queensland 4573
27, 29 & 31 First Avenue, Coolum Beach, Queensland 4573

LOCATION OVERVIEW – COOLUM BEACH DEMOGRAPHICS –

Coolum Beach is one of the Sunshine Coast’s most tightly held and highly desirable coastal communities, offering an exceptional blend of lifestyle appeal, strong population demand and long-term residential growth. Positioned between Noosa and Maroochydore, Coolum provides a strategic coastal location that continues to attract owner-occupiers, downsizers, families and lifestyle-driven residents.

The suburb is well supported by established amenity, including retail and dining precincts, schools, medical services, recreational facilities and direct access to the Sunshine Motorway.

With limited available land supply and increasing constraints on new large-scale infill opportunities, development-ready sites within the Coolum Beach urban footprint are becoming increasingly scarce. Medium density residential development is well suited to the area.

BEACH

Coolum Beach is a vibrant coastal community experiencing steady population growth and strong lifestyle appeal. The local population profile is characterised by a mix of age groups appealing to families, professionals and downsizers.

Household compositions range from family units to couples and professionals, contributing to sustained demand for quality housing.

LOCATION AMENITIES – COOLUM BEACH

Patrolled beaches and coastal recreation

Public parks and community spaces including Tickle Park Retail and dining precincts along the Esplanade Primary and secondary schools

Proximity to regional centres including Noosa and Maroochydore

EMPLOYMENT GENERATORS

COOLUM BEACH & SURROUNDS

 Proximity to major Sunshine Coast employment hubs

SUNSHINE COAST

DISCLAIMER

The information contained in this Information Memorandum and any other verbal or written information given in respect of the property (“Information”) is provided to the recipient (“you”) on the following conditions:

1. North Coast Commercial Properties Pty Ltd trading as Ray White Northern Corridor Group and or any of its officers, employees or consultants (“we, us”) make no representation, warranty or guarantee, that the Information, whether or not in writing, is complete, accurate or balanced. Some information has been obtained from third parties and has not been independently verified. Accordingly, no warranty, representation or undertaking, whether express or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this, or any further information supplied by or on our behalf, whether orally or in writing.

2. All visual images (including but not limited to plans, photographs, specifications, artist impressions) are indicative only and are subject to change. Any measurement noted is indicative and not to scale. All outlines on photographs are indicative only.

3. The Information does not constitute, and should not be considered as, a recommendation in relation to the purchase of the property or a solicitation or offer to sell the property or a contract of sale for the property.

4. You should satisfy yourself as to the accuracy and completeness of the Information through your own inspections, surveys, enquiries, and searches by your own independent consultants, and we recommend that you obtain independent legal, financial and taxation advice. This includes as to whether any listing price is inclusive or exclusive of GST.

5. We are not valuers and make no comment as to value. “Sold/ leased” designations show only that stock is “currently not available” – not that the property is contracted/ settled. If you require a valuation we recommend that you obtain advice from a registered valuer.

6. The Information does not and will not form part of any contract of sale for the property. If an interested party makes an offer or signs a contract for the property, the only information, representations and warranties upon which you will be entitled to rely will be as expressly set out in such a contract.

7. Interested parties will be responsible for meeting their own costs of participating in the sale process for the property. We will not be liable to compensate any intending purchasers for any costs or expenses incurred in reviewing, investigating or analysing any Information.

8. We will not be liable to you (to the full extent permitted by law) for any liabilities, costs or expenses incurred in connection with the Information or subsequent sale of the property whatsoever, whether the loss or damage arises in connection with any negligence, default or lack of care on our part.

9. No person is authorised to give information other than the Information in this Information Memorandum or in another brochure or document authorised by us. Any statement or representation by an officer, agent, supplier, customer, relative or employee of the vendor will not be binding on the vendor or us.

10. To the extent that any of the above paragraphs may be construed as being a contravention of any law of the State or the Commonwealth, such paragraphs should be read down, severed or both as the case may require and the remaining paragraphs shall continue to have full force and effect.

11. You may not discuss the Information or the proposed sale of the property with the vendors or with any agent, friend, associate or relative of the vendor or any other person connected with the vendor without our prior written consent. We accept no responsibility or liability to any other party who might use or rely upon this report in whole or part of its contents.

12. The Information must not be reproduced, transmitted or otherwise made available to any other person without our prior written consent.

RARE 3,036M2* COASTAL DEVELOPMENT SITE

THREE LOTS IN ONE LINE

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