5 Wyreema Terrace, Caloundra, Qld 4551

$1,300,000

House
Type
2
Bedrooms
1
Bathrooms
1
Parkings
615 m²
Area

Last updated on Wednesday, June 17, 2026 ( See property details for 5 Wyreema Terrace, Caloundra, Qld 4551)

$1,300,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare, historic Caloundra property offering versatile development potential on a 615sqm block with modern updates and prime zoning.

🏡 Property Highlights

  • Highly sought-after 'Major Town Centre' zoning with 18 metre build height allowance
  • Prime central location close to shops, medical facilities, transport, and beaches
  • Potential for renovation, redevelopment, or commercial use in a blue-chip area
  • Generous 615sqm flat block with side access and secure parking
  • Well-preserved 1980s character home with original charm and integrity
  • Opportunity to secure a rare, tightly held property with 81-year significance

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Air Conditioning
  • Garage
  • Open-Plan Living
  • Security Screens / Gates
  • Ceiling Fans
  • Internal Laundry
  • Waterfront / Views
  • Extra Storage (Shed/Linen)

Caloundra is a vibrant coastal suburb renowned for its stunning beaches, thriving local amenities, and strong community spirit. Its central location offers excellent access to shops, medical facilities, transport links, and recreational areas. The area boasts a mix of historic homes and modern developments, making it ideal for both lifestyle and investment. With its sought-after zoning and growth potential, Caloundra continues to attract discerning buyers seeking a prime coastal lifestyle. The suburb’s relaxed atmosphere combined with urban convenience makes it a highly desirable place to live or develop.

What are the development opportunities for this property?
The property is zoned 'Major Town Centre' with an 18 metre build height allowance, offering potential for redevelopment, commercial use, or a new residential project, subject to council approval.
Is the property suitable for renovation or extension?
Yes, the home has remained untouched for over 50 years, providing a solid foundation for renovation, extension, or modern upgrades to suit your needs.
What is the condition of the existing home?
The home retains its original 1980s character and integrity, with updated kitchen and bathroom, and is well-maintained, ready for renovation or redevelopment.
Are there any planning restrictions or easements?
The property is within a highly sought-after zoning area with significant development potential; however, prospective buyers should conduct their own planning searches for specific restrictions.
What are the nearby amenities and lifestyle features?
The property is close to shops, medical facilities, public transport, and beaches, offering a convenient coastal lifestyle with excellent walkability and local services.
Are there any existing planning or building approvals, or are there any restrictions on future development? What are the potential costs associated with renovating or redeveloping the property? Are there any known issues with the property's structure, drainage, or services? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or infrastructure projects nearby that could impact the property’s value or environment?

5 Wyreema Terrace, Caloundra, Qld 4551 - More Details

$1,300,000

Type
House
Bedrooms
2
Bathrooms
1
Parkings
1
Area
615 m²
Study
1

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