$2.5M

Block of Units in High Density Zone with 25M Height Limit Discover the potential of this unique property, featuring four well-maintained units sprawled across a generous 506 sqm plot. Each unit offers two bedrooms, a bathroom, and a carport space, making it an ideal choice for tenants or a redevelopment project, thanks to its high-density residential zoning and a 25-meter height limit. Positioned to take full advantage of breathtaking ocean views, this property promises not just a home, but a lifestyle. Envision building upwards and unlocking the full potential of seaside living in one of Caloundra’s most sought-after locations. Whether you're looking to invest, develop, or transform, 12 Dingle Ave offers endless possibilities. Don’t miss out on this rare opportunity to own a prime piece of real estate with both current charm and future possibilities. Unit 1 2 bedrooms, 1 bathroom & 1 car $500 p/w lease ending 13/2/25 Rental app $550 p/w Unit 2 2 bedrooms, 1 bathroom & 1 car $525 p/w lease ending 23/2/24 Rental app $575 p/w Unit 3 2 bedrooms, 1 bathroom & 1 car $450 p/w lease ending 12/12/24 Rental app $550 p/w Unit 4 2 bedrooms, 1 bathroom & 1 car $575 p/w lease ending 3/2/25 Rental app $575 p/w Current return $106,600 p.a Potential return $117,000 p.a Insurance is approximately $5,200 p/a Water $1,304 p/q Electricity is metered tenants pay No body corporate as not strata titled