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440-442 Varley Street, Yorkeys Knob

Auction On Site | 18 July

3 1 2 1,081m2

Auction details

Auction

Saturday 18 July, 10:00 AM

COMING SOON | Deceased Estate - 1,081m² Double Block with Exceptional Development Potential

Opportunities like this are becoming increasingly rare.

Set on a substantial 1,081m² level double block in one of Cairns' most sought-after beachside suburbs, this deceased estate presents an outstanding opportunity for developers, investors, land bankers and buyers seeking space, flexibility and future upside.

With housing in short supply and demand continuing to outstrip supply, the potential here is significant. Whether you're looking to subdivide (STCA), construct additional dwellings, develop duplexes or simply secure a large parcel of land in a premium location, this is a property that deserves serious consideration.

The existing home is solid, well maintained and immediately rentable, providing valuable holding income while future plans are explored. Add to this a substantial powered shed, dual access and room for every toy imaginable, and the possibilities become even more attractive.

Features include:

• Huge 1,081m² level double block
• NOT in a Flood Zone or Storm Surge Zone
• Outstanding development potential (STCA)
• Solid existing home with estimated rental return of $600 per week
• Massive 7m x 6m shed with three-phase power
• Dual driveway access with second gate to shed
• Plenty of room for boats, caravans, trucks and additional vehicles
• Fully fenced yard ideal for children and pets
• Established gardens with an abundance of fruit trees
• Opportunity to build an additional dwelling or redevelop the site (STCA)
• Rare landholding in a tightly held beachside location

Positioned for convenience and lifestyle:

• Approximately 300m to local shops
• Approximately 400m to Yorkeys Knob State School
• Approximately 10-minute walk to Yorkeys Knob Beach
• Approximately 900m to Half Moon Bay Golf Course
• Approximately 1.6km to Yorkeys Knob Marina, Boat Club and boat ramp
• Bus stop nearby

Whether you're a developer looking for your next project, an investor seeking future growth, or a buyer wanting one of the largest residential blocks available in Yorkeys Knob, this is a genuine opportunity to secure a property with enormous potential.

Properties with development potential in locations like this rarely come to market. Act quickly.

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Details

Address 440-442 Varley Street, Yorkeys Knob
Price Auction On Site | 18 July
Property Type Residential
Property ID 2167
Category House
Land Area 1,081m2

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Karl Latham

0403 887 645

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Andrea Rolley

0458 987 794

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