59 Memorial Avenue, Maroochydore, QLD 4558 sold on 25 September 2025 | OnTheHouse
 
SOLD
Sold on 25 Sep 2025 for $3,100,000

59 Memorial Avenue
Maroochydore QLD 4558

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Floor area: 545m2
Land area: 670m2
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Property Details for 59 Memorial Ave, Maroochydore

59 Memorial Ave, Maroochydore is a 12 bedroom, 6 bathroom BlockOfUnits with 6 parking spaces. The property has a land size of 670m2 and floor size of 545m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 12 bedroom BlockOfUnits sold in Maroochydore in the last 12 months.

Building Type
BlockOfUnits
Floor Size
545m2
Land Size
670m2

Last Listing description (September 2025)

This is a rare opportunity to secure a prime unit block holding in the heart of one of the Sunshine Coast's most sought-after coastal hubs. Positioned just metres from both the Maroochy River and Maroochydore Beach, this exceptional site offers immediate rental income with significant long-term redevelopment potential.

The Land:
Occupying a 670 m²* north-facing allotment, the property enjoys a blue-chip location just one street back from the Maroochy River and a short stroll to Cotton Tree Village, the Ocean Street dining precinct, and the Maroochydore CBD.

The Improvements:
The existing improvements comprise a two-storey complex of six (6) x 2-bedroom, 1-bathroom, 1-car apartments, complemented by a sparkling in-ground pool. This configuration provides a strong base for consistent rental returns with scope for rental uplift.

The Opportunity:
Fully tenanted, the property currently delivers solid holding income. There is further potential to increase returns through lease renewals and rental adjustments, capitalising on Maroochydore's exceptionally strong rental demand, while you plan the site's future.

The Development Potential:
Zoned Medium Density Residential (12m height limit – approx. 3-4 storeys) under the current Sunshine Coast Planning Scheme, the property is earmarked in the draft Town Plan for an increased height limit of 22m (approx. 6–7 storeys), creating outstanding redevelopment scope. The property could also be Strata Titled to form 6 individual units. (STCA).

For further information, including a detailed Information Memorandum, please contact us.

Email: cameron@homesc.com.au | Phone: 0477 770 745

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

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Property History for 59 Memorial Ave, Maroochydore, QLD 4558

A timeline of how this property has performed in the market
Last Sold
$3,100,000
25 Sep 2025
Listed for Rent
$280/w
01 Jul 2014
  • 25 Sep 2025
    Sold for $3,100,000
  • 12 Aug 2025
    Listed for Sale $3,100,000
  • 15 May 2014
    Listed for Rent - Price not available
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About Maroochydore 4558

The size of Maroochydore is approximately 12.6 square kilometres. It has 31 parks covering nearly 17.0% of total area. The population of Maroochydore in 2016 was 16800 people. By 2021 the population was 20629 showing a population growth of 22.8% in the area during that time. The predominant age group in Maroochydore is 60-69 years. Households in Maroochydore are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maroochydore work in a professional occupation.In 2021, 53.20% of the homes in Maroochydore were owner-occupied compared with 49.00% in 2016.

Maroochydore has 14,981 properties. Over the last 5 years, Houses in Maroochydore have seen a 62.01% increase in median value, while Units have seen a 86.39% increase. As at 31 December 2025:

  • The median value for Houses in Maroochydore is $1,202,360 while the median value for Units is $956,735.
  • Houses have a median rent of $740 while Units have a median rent of $710.
There are currently 126 properties listed for sale, and 62 properties listed for rent in Maroochydore on OnTheHouse. According to Cotality's data, 825 properties were sold in the past 12 months in Maroochydore.

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Jay Sherwell
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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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