With a vacant block of land selling recently on the beachfront in Peregian for $1.1m, it is quickly apparent that this is an extraordinary opportunity to own a property in such a similar location, AND to be able to generate an ongoing income from two flats, until such a time that you may wish to rebuild your own stunning beachside home on the site.

The dwelling currently consists of two units, with three bedrooms upstairs, and two additional bedrooms down. Each has its own kitchen, bathroom and living areas. A spacious balcony off the top floor allows you to follow the sun around on two sides, while gazing out into the beachfront reserve where a multitude of birdlife abounds.

You can literally be enjoying all the beach activities that you desire within a minute’s walk through the private sand track that links up with the beach access walkway. Fish, swim or surf whenever you want.

Absolute beachfront properties in this price bracket are rarely available. You can even rent out a section while keeping the remainder as your very own private beach escape, or get your favourite architect involved in designing your new magnificent home.