It’s about the Sea views, the size of the home and the prime location. This house is huge, a project for the builder/developer or high-end purchaser seeking to add value, make improvements and reap the rewards. Only 600m walk to the beach and Alex Surf club, and surrounding bars and restaurants. A Big project with big profits and possibilities. Currently returning rental income $78,520 p.a.
The insured value of the dwelling alone is over $1M.

The median price for houses in Alexandra Headland is currently $1,258,250 (source Realestate.com.au 01.06.2020) and ocean view homes fetch highest prices in this tightly held premier suburb.

The dual (multi) living house offers major Ocean Views in Alexandra Headland, one of the Sunshine Coasts and Qld’s prime beach suburbs. It’s massive bones stand on a level house pad that will accommodate up to 7 Cars. A very solid build, suspended slab, 7 bedrooms and 4 bathrooms (3 ensuites), including a granny flat. To rebuild this huge home today would be at extraordinary cost. The interiors are screaming for a modern refurb, but an astute eye will see the potential of this large Alex building. This construction is very solid, virtually indestructible and lends itself be modernized into 2019 and beyond. Hidden polished timber floors internally are just waiting to be brought back to life.

Ideal for the buyer wanting to hold, renovate and capitalize on the Central Sunshine Coasts extraordinary growth phase. The opportunity to purchase a house of this size with views this good at Alex this won’t be available once this one goes. A very unusual home begging for TLC to modernize into the Castle it deserves to be. Constructed as a shared house for people in need, hence its huge dimensions. Do you have a dream or the vision to bring this sleeping giant back to life?
Ocean view homes at Alex continue to sell at stong prices and this owner has decided to get serious about selling. Fresh offers are welcome.

- only 600m walk to beach, or shortcut through Sunshine Coast Councils walkway via Alex Forest
-Fantastic Ocean Views and soon to be even better, due to nearby subdivision approval
-Sea views to Alex and beyond from all living levels
-Multiple separate living areas, including self-contained flat
-Rental income $78,520 p.a.
-Building replacement cost alone is insured at over $1M
-Ideal home to modernize and hold long term, or flip and aim for the stars
-Render externally and Modernize interiors
-Polished hardwood floors awaiting bought back to new life
-This brings the owner a very large rental cashflow as a shared house, almost $80k annually
-Only one set of Council Rates
-Alexandra Headland is one of the Sunshine Coasts Premier beach suburbs and is located central to all infrastructure including Hospitals, Major Shopping Centres, Beaches, The Crocodile Hunter’s Australia Zoo, 15min to Airport, approx. 60 Minutes to Brisbane international airport.
-Very unusual home, if you are looking for a business return that’s out of the box contact agents for information or arrange an inspection to suit.

**Due to COVID-19 we are doing our bit towards sensible distancing and accordingly there will not be any scheduled open homes for this property. To arrange a private inspection or a facetime inspection please contact Mark on 0423 106 384.

Close to Schools,Close to Shops,Close to Transport