12 Victoria Parade South
Coochiemudlo Island, QLD 4184

Overview

12 Victoria Parade South Coochiemudlo Island QLD 4184

Positioned in one of the most tightly held and highly sought-after pockets of Coochiemudlo Island, this property at 12 Victoria Parade South offers a rare and exceptional opportunity. It features a substantial landholding of 3,588 square meters with Medium Density Residential (MDR) zoning, comprising a block of three well-maintained townhouses. Located just 50 meters from Main Beach and the Jetty, this offering combines immediate income potential, lifestyle appeal, and significant future development possibilities.

The block consists of three townhouses, each thoughtfully designed with two bedrooms, one bathroom, and a single car garage. Each townhouse includes front and back decks, a front porch, a rear patio, and a private courtyard, providing comfortable and versatile living spaces. All three townhouses are currently rented, delivering immediate holding income for investors.

The zoning of the property includes MDR (Medium Density Residential) and EM (Environmental Management), offering flexibility for future development subject to council approval. The expansive 3,588 square meter parcel presents further development potential, making it an attractive prospect for developers and strategic investors.

Each townhouse is laid out with an upstairs area featuring a bathroom equipped with a bath, shower, vanity, and separate toilet. The master bedroom is positioned at the front, complete with a double built-in robe, ceiling fan, and access to a deck with water views. The second bedroom is located at the rear, also with a built-in robe, ceiling fan, and deck access overlooking the backyard. A linen cupboard is conveniently located in the hallway.

Downstairs, each townhouse offers a separate lounge room with a ceiling fan, a separate dining area, and a functional kitchen with an oven, cooktop, double sink, and ample natural light. The laundry is cleverly positioned behind cupboard doors within the kitchen area. A second toilet is located off the rear patio for added convenience. The front porch, rear patio, and fully fenced private courtyard enhance the outdoor living experience.

Outdoor and common areas include three car garages, with one garage allocated per unit, a garden shed, clothesline, and a covered communal BBQ area, providing practical amenities for residents.

From an investment perspective, this property offers immediate returns with all three townhouses tenanted, ensuring reliable income from day one. Its premier location, just 50 meters from the beach and jetty, also presents outstanding potential for Airbnb rentals, where demand for waterfront proximity stays remains strong.

For developers and investors, the MDR zoning unlocks significant future potential. The generous landholding provides scope for further development, subject to council approval, allowing the next owner to capitalize on density opportunities in one of the island's most premium coastal positions. Whether for land banking, redevelopment, or enhancing existing improvements, this is a rare opportunity to secure scale, location, and flexibility in a single acquisition.

The lifestyle and location are equally compelling. Situated just moments from Main Beach and the Jetty, residents enjoy immediate access to swimming, fishing, boating, and scenic waterfront walks. The island's popular dining destinations, including Curlew Cafe, Coochiemudlo Island Beach Bar & Grill, and Viva Coochie Restaurant, are within easy reach, along with the ferry and barge terminal, recreational facilities, and essential island amenities.

This property exemplifies coastal island living at its finest—peaceful, community-oriented, and relaxed, yet conveniently connected to the mainland via a short six-minute ferry commute. The strength of this prime beachfront position enhances lifestyle appeal and supports long-term capital growth and consistent rental demand.

Overall, 12 Victoria Parade South represents a compelling combination of income, lifestyle, and development potential in a prime Main Beach position. Opportunities of this calibre are limited and highly sought after.

Location