99 Lorikeet Drive

Peregian Beach QLD 4573

Positioned in one of the most tightly held pockets of Peregian Beach, 99 Lorikeet Drive presents an exceptionally rare opportunity directly opposite beach access and just metres from the sand. Set on a valuable house site, the potential here is exceptional. Surrounded by striking architectural residences and premium beachfront homes, this blue-chip site offers extraordinary potential in a truly world-class coastal setting. Wake to the sound of the ocean, enjoy refreshing sea breezes, and secure a property that delivers both immediate income and outstanding future possibilities.

This rare beachside gem currently comprises of original three self-contained flats, all fully leased and providing reliable holding income. There are two spacious two-bedroom, one-bathroom flats and one one-bedroom, one-bathroom flat, each with its own dedicated carport. This existing configuration allows the new owner to benefit from immediate rental returns while planning the property's next chapter. You may choose to redevelop by creating a luxury beachside residence that reflects the prestige of the surrounding homes, many of which are architecturally designed masterpieces. Alternatively, the property can continue to perform as an income-producing investment, or the existing flats could be enhanced to further maximise rental returns. For those with vision, this is also an ideal landbank opportunity in one of the Noosa's most desirable and tightly held beachfront locations.

The location is outstanding. With beach access directly opposite and the sand only metres away, the lifestyle on offer is second to none. Enjoy morning walks along the shoreline, easy access to the vibrant Peregian Beach Village with its boutique cafés, restaurants and amenities, and the relaxed coastal atmosphere that makes this area so sought after.