4 Third Avenue, Caloundra, QLD 4551 | House for sale | OnTheHouse
 
FOR SALE
For Sale

4 Third Avenue
Caloundra QLD 4551

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 630m2
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Prime Caloundra CBD Holding - Development Potential - 630sqm Parcel

Yianni Mooney Property proudly presents to the market 4 Third Avenue, Caloundra.
Discover an exceptional opportunity to secure a strategically positioned holding in the heart of Caloundra. This prime property presents the flexibility for residential, commercial or mixed-use potential (STCA), making it an attractive proposition for owner-occupiers, investors and developers alike. Now is your chance to invest in arguably one of the most sought-after locations in southeast Queensland.
Set on a level 630sqm parcel and benefitting from Major Centre Zoning, the site presents exciting future potential. With a building height allowance of up to 15 metres* (STCA), there is scope to maximise the property's development potential, with the possibility of capturing views across to the sparkling waters of Pumicestone Passage from an upper level.
Recently refurbished, the existing character-filled residence consists of two well-sized bedrooms, main bathroom with separate toilet, and a spacious living area, all opening out to a fully fenced manicured yard. A central kitchen provides plenty of storage space and is easily accessible when entertaining family and friends. On-point timber-look flooring completes the home.
Also featured is a double car garage under the house, as well as a large workshop area with the option to utilise as additional storage space. There is plenty you could improve on to make this your ideal residence – this could be the perfect opportunity to secure a property with abundant and potentially diversified possibilities.
On offer is not only the chance to buy into a future development opportunity, but also to secure an existing home in solid condition. Land bank now and enjoy great rental returns until your decision to realise on the property’s higher use value, and further develop as a premium addition to your investment portfolio.
The strong demand for investment dwellings in this irreplaceable Caloundra location, the prospect to substantially increase portfolio income and real property value, proves a sound investment decision. Underpinned by Regional Business Centre zoning, the potential exists to further develop commercial offices, townhouse or duplex development, subject to council approval.
Cleverly configured and presenting a versatile floorplan, the current residence would be the perfect home for individuals, couples, or small families, or could be easily be reconfigured to suit an array of businesses, such as accountants, solicitors or medical practitioners. Utilise the existing building as residential or add a commercial occupant and enjoy fantastic rental yields – the opportunities are endless.
Whether you consider further improvement as a residential development or commercial proposition, the location presents as ideal, moments to the award-winning Caloundra RSL, McDonalds and other speciality businesses, and within very close proximity to established medical practices and professional suites.
Adding further appeal is the property's proximity to the upgraded transport infrastructure and new access routes connecting through the Caloundra CBD precinct, enhancing accessibility and reinforcing the long-term growth prospects of this central location.
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Property Details for 4 Third Ave, Caloundra

4 Third Ave, Caloundra is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 630m2. The place is currently for sale with Yianni Mooney Property.

Building Type
House
Land Size
630m2
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About Caloundra 4551

The size of Caloundra is approximately 3.2 square kilometres. There are 8 parks, covering nearly 36.9% of the total area. The population of Caloundra in 2016 was 3917 people. By 2021 the population was 3932 showing a population growth of 0.4% in the area during that time. The predominant age group in Caloundra is 70-79 years. Households in Caloundra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caloundra work in a professional occupation.In 2021, 53.70% of the homes in Caloundra were owner-occupied compared with 49.90% in 2016.

Caloundra has 3,813 properties. Over the last 5 years, Houses in Caloundra have seen a 56.88% increase in median value, while Units have seen a 75.42% increase. As at 31 May 2026:

  • The median value for Houses in Caloundra is $1,211,790 while the median value for Units is $1,016,454.
  • Houses have a median rent of $730 while Units have a median rent of $663.
There are currently 31 properties listed for sale, and 26 properties listed for rent in Caloundra on OnTheHouse. According to Cotality's data, 186 properties were sold in the past 12 months in Caloundra.

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