Mixed Use development site with potential water views

What: 2539sq m property on two titles. District Centre zoning

Features: Approval for 19 two- and three-bedroom units plus four commercial tenancies

An outstanding “shovel ready” development site on the edge of the Tewantin CBD is offered for sale through the joint agency listing of Colliers and ONE Agency Noosa.

Development sites carrying approvals in place are not very common especially on a site which is so well positioned with easy access to both the amenities offered in Tewantin town and the Noosa lifestyle.

Located on Doonella Street, the 2539sq m property on two titles, comes with full approvals for 19 two- and three-bedroom units supported by on-site basement car parking. The mixed-use development site is completed with 188sq m of commercial space offered over four tenancies and carries approvals that are in place through until February 2028.

With the potential to deliver a variety of residential units of which some will capture partial views of Lake Doonella, the end product will be well received in a buoyant residential market.

The demand for residential property in Tewantin and Noosa remains very active and with stock in short supply, it is anticipated that strong off-plan sales will support the development in its early stages.

Marketing agent Baydn Dodds of Colliers said the design team behind the development opportunity have produced an excellent scheme that capitalises on its position and embraced the 60m wide frontage onto Doonella Street.

The designs extend to include a lift which will add further appeal to buyers when offered to the market.

Grant Baker of ONE Agency Noosa added interest from local and interstate buyers on the potential of owning a finished apartment has been strong.

The market is being driven heavily by the location of the properties and the new Sunshine Coast International Airport.