39 Brisbane Road, Mooloolaba, Qld 4557

Block Of Units
Type
8
Bedrooms
6
Bathrooms
4
Parkings
607 m²
Area

Last updated on Friday, October 02, 2026 ( See property details for 39 Brisbane Road, Mooloolaba, Qld 4557)

Auction

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A rare beachside development opportunity in Mooloolaba offering income today and significant upside for future development.

🏡 Property Highlights

  • Prime beachside location just 200m from Mooloolaba Beach and The Wharf
  • Rare 607m² District Centre-zoned development site with potential for high-rise development
  • Existing income stream of approximately $2,935 per week from six strata units
  • Flexible development options including land-banking, refurbishment, or new build (STCA)
  • Significant upside with proposed height increase to 28m under draft Sunshine Coast Planning Scheme
  • Strong developer demand evidenced by nearby approved development for 17 apartments over six storeys

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Balcony
  • Floorboards
  • Alarm system
  • Broadband
  • Fully fenced

Mooloolaba is a highly sought-after coastal suburb renowned for its pristine beaches, vibrant dining and entertainment precincts, and strong community atmosphere. Its prime location offers excellent walkability to beaches, cafes, and retail, making it ideal for lifestyle-focused buyers. The area benefits from ongoing development and infrastructure upgrades, ensuring long-term growth and appeal. With proximity to Sunshine Coast University Hospital and Sunshine Coast Airport, Mooloolaba combines relaxed beachside living with convenient access to essential services. Its popularity among investors and developers continues to grow, driven by its enviable location and development potential.

What are the development restrictions and potential for this site?
The site currently has an 18m height limit, with a proposed increase to 28m under the draft Sunshine Coast Planning Scheme (STCA). A nearby approved development application for 17 apartments over six storeys indicates strong potential for high-density development.
What is the current income generated from the property?
The six strata units provide a holding income of approximately $2,935 per week, equating to around $152,600 annually, when fully leased.
What are the options for future use of the site?
Buyers can land-bank and hold the income, refurbish and reposition the existing units to increase value, or develop the site in line with planning scheme approvals (STCA).
Are there any planning or zoning restrictions I should be aware of?
The site is zoned District Centre, with current height restrictions and draft scheme proposals allowing for increased building height, subject to council approval.
What is the timeline for vacant possession?
Leases are set to roll to vacant possession between late 2026 and early 2027, providing a clear timeline for development or repositioning.
Are there any hidden costs or upcoming council levies associated with the development site? Has the property been assessed for flood or bushfire risks in this coastal area? Are there any existing easements, covenants, or zoning restrictions that could impact development plans? What are the strata or body corporate arrangements and associated fees for the units? Is there any ongoing or planned nearby construction that could affect future development or lifestyle?

39 Brisbane Road, Mooloolaba, Qld 4557 - More Details

Auction

In the tightly-held heart of Mooloolaba - just ~200m from the Esplanade, the beach and The Wharf - an entire complex is offered in one line for the first time in a generation.

39 Brisbane Road is a 607m² District Centre landholding comprising six strata units across a single parcel, presented together as one development opportunity. This is a rare chance to secure a blue-chip beachside site in a single, clean transaction - the value is in the land and what it can become.
The upside is in what can be built. The site carries an 18m height limit under the current scheme, with up to 28m proposed under the draft Sunshine Coast Planning Scheme (STCA). Developer appetite for this pocket is already proven - a comparable nearby site has a development application lodged (under Council assessment) for 17 apartments over six storeys.

In the meantime, it works for you. The units provide holding income of approximately $2,935 per week (~$152,600 p.a.) when fully leased, with tenancies rolling off between December 2026 and March 2027 - income through your finance and approval period, then a natural path to vacant possession in line with a typical development timeline.

And there's real flexibility in how you play it. Land-bank and hold on the income, refurbish and reposition the six existing units to lift rents and value, or develop the site in time (subject to approval). It's a rare add-value opportunity that will appeal to developers, astute investors and SMSF buyers alike - a tightly-held beachside asset offering income today and genuine upside tomorrow.

Offered to the market by Auction (if not sold prior), in one line and marketed to developers and investors locally and globally through McGrath and the Knight Frank network.

Key features
• 607m² District Centre-zoned parcel - a single amalgamated development site
• Six strata units, sold together in one line under a single contract
• ~200m to Mooloolaba Beach, the Esplanade and The Wharf precinct
• 18m height now, with up to 28m proposed under the draft scheme (STCA)
• Holding income ~$2,935/week (~$152,600 p.a.) when fully leased
• Add-value flexibility - refurbish and reposition, land-bank, or develop (STCA)
• May suit developers, private investors and SMSF buyers
• Leases roll to vacant possession late 2026 – early 2027
• Developer demand - comparable DA nearby for 17 apartments / 6 storeys
• For sale by Auction - a rare in-one-line beachside opportunity

Convenience at your fingertips!

Positioned in the tightly-held heart of Mooloolaba, everything is at your doorstep:
• ~2–3 minute walk (~200m) to Mooloolaba Beach, the Esplanade and the Mooloolah River
• Short stroll along Brisbane Road to The Wharf Mooloolaba - SEA LIFE Sunshine Coast, waterfront dining, bars and boutiques
• Moments to the Esplanade's cafes and restaurants and the Mooloolaba Surf Life Saving Club
• A few minutes to Mooloolaba State School and Mooloolaba Central shops
• ~8 minutes to Kawana Shoppingworld
• ~10 minutes to Sunshine Coast University Hospital, Birtinya
• ~15 minutes to Sunshine Coast Airport
• ~90 minutes to Brisbane

For sale by Auction (if not sold prior). Contact Damien Michael 0413 024 124, Glenn McIntosh 0460 860 544 or Daniele Gabrielli 0416 441 048, McGrath.
Type
Block Of Units
Bedrooms
8
Bathrooms
6
Parkings
4
Area
607 m²

Auctions

  • 39 Brisbane Road, Mooloolaba, Qld 4557

    Thursday 22 October
    4:00 pm

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