8 Prospect Pl, Rainbow Beach, QLD, 4581, Australia

Situated within a quiet cul-de-sac on a huge 1,123sqm block in a prime Rainbow Beach location that is less than 500m to the beach and town centre, this refurbished and well-maintained home has one other distinct feature that sets it apart from nearly all others; an approved Development Application!

Whether you’re a developer, builder or just a savvy owner wanting to delve into property development, the options and potential on offer are aplenty. The approved DA allows a reconfiguration of the lot to create a subdivision of 2 new lots of approx. 560sqm each (please refer to photos and enquire for more info).

The home itself has been freshened up with paint, fans and curtains throughout, along with new fencing and gates and currently successfully operates as short-term (holiday) accommodation offering an income and flexibility for the owner’s personal use if/when required.

Undergoing transformations over time, the home includes 4 large bedrooms and 2 bathrooms (main bedroom and ensuite offers a separate entry which can either be locked off/opened depending on required holiday use or circumstances), a spacious L-shaped kitchen and living area, a separate sunroom/2nd living area, and a large covered entertaining area. Apart from the abundance of yard space externally, the property also includes a large double carport and 3 good sized sheds.

Positioned on a huge, fully fenced, and virtually level block in undoubtedly one of the premiere positions in Rainbow Beach within walking distance of everything this seaside town has to offer! All the restaurants, cafes, Surf Club, Rainbow Beach Hotel, playground and patrolled surf beach are just a short stroll away. For the fishing/sunset watching enthusiasts it’s only a 5 minute drive to Carlo Point Marina and Boat Ramp, or if a trip to K’gari (Fraser Island) is more to your liking then it’s only a 15 minute drive to Inskip Point where the barge across to K’gari awaits your arrival.

Opportunities like these don’t come around too often so please make your enquiry and organise an inspection today!

Property Code: 119