An Exciting Waterfront Property Development Project in Point Vernon

Many Australians still strive for the dream of owning waterfront real estate. This development opportunity can turn that dream into a reality for three lucky families. These three sites are exclusively marketed by Sotheby's International Realty, represented by Hannah Dodds.

Development Ready is listing an incredible opportunity: three subdivided lots with stunning waterfront views on Point Vernon’s main esplanade - these are being sold as one offering.

The three blocks - including two lots of more than 600m2 with approved DA for home builds and one lot with a brand-new build - will be sold as one offering, representing a fantastic opportunity to the right investor.

Learn more about our Charlton Esplanade listing, including details of the lots and an overview of this holiday location in Queensland.

The Untapped Potential of 3 Subdivided Lots in Charlton Esplanade, Point Vernon

Waterfront lots seem to be increasingly hard to come by in popular tourist towns such as Point Vernon, which makes this opportunity a real catch. 

This prized development opportunity includes a small boutique subdivision of three lots overlooking parkland reserve and the gorgeous blue of the Pacific Ocean. The three lots are to be sold as one offering.

"The development site offers 2 lots with DA plans and a ready built house," explains Hannah Dodds, Senior Sales Executive of Queensland Sotheby’s International Realty.

"The waterfront block is located along the prestigious Esplanade with water views out to Fraser Island and beyond. There are numerous options available to the new owner - build and sell all properties; build and occupy; build and rent out (privately or Airbnb)...the possibilities are endless."

With its unparalleled location on Point Vernon’s main esplanade, it can never be built out and poses a great opportunity for capital growth as the property values increase. 

The lots are as followed:

• A 633m2 lot suitable for a double storey home, ready to be built with DA already approved.
• A lot with a brand new 3-bed, 2-bathroom home with a double car, remote-controlled garaged. The building is equipped with full stone benchtops throughout, along with retractable sliding doors for an open-plan lifestyle that maximises the views.
• A 627m2 lot with approved DA for a 3-bedroom, 2-bathroom single storey home, ready to be built.

What We Love About Point Vernon, QLD

Point Vernon’s stunning location on the largest rocky promontory between Noosa and Bundaberg makes it a popular outdoors holiday destination. With stunning vistas across the Pacific Ocean, the town’s main esplanade, where this development opportunities is located, serves vacationing families with its picnic, barbecue, playground, and swimming facilities.

"Point Vernon is a hidden gem on the Sunshine Coast. With numerous outdoor activities, a pleasant year round climate and affordable housing, it’s attractive to couples and families looking for a work life balance," says Hannah. 

Offshore, a nearby coral reef provides snorkelers up-close encounters with stingrays, turtles, squid and plenty of coral, while on the coastline, tidal rock pools provide plenty of entertainment for younger kids.

The median sales prices for houses in Point Vernon is $340,000 (4 BR, Core Logic), representing an approximate 9% increase in house prices over the past 5 years.

Check Out This Unique Opportunity Today!

With such potential, we can’t see this opportunity sticking around for long. If not sold beforehand, it’s set to go to auction onsite on 2nd December 2017.

For more detailed information, check out Sotheby’s listing on the Development Ready portal today.