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Positioned within the prestigious Golden Triangle of Alexandra Headland, 40 Edward Street presents a rare and strategic opportunity to secure blue-chip beachside real estate with immediate flexibility and compelling long-term potential.
Set on an elevated 455m² parcel, this substantial two-storey residence captures cooling sea breezes and partial ocean views, just moments from patrolled beaches and the vibrant coastal lifestyle the area is renowned for. Opportunities within this tightly held pocket are increasingly rare – particularly with scope to further capitalise.
Designed for versatility, the home offers five generous bedrooms, two well-appointed bathrooms, secure parking for two vehicles, and multiple living zones across both levels. Downstairs, a kitchenette enhances the home’s strong dual living potential – ideal for extended family, guests, teenagers, or additional rental income.
At the heart of the upper level, the recently updated kitchen flows effortlessly to a private outdoor patio, creating a seamless space for entertaining or relaxed coastal living. Distinct living areas provide separation and comfort, while elevated positioning enhances privacy and outlook.
Beyond the immediate liveability, the true value lies in the future possibilities. Situated within a high-density zoning precinct, the property currently benefits from a 12-metre height allowance (STCA), with a council proposal under consideration to increase this to 15 metres – a significant uplift that could further unlock northeast ocean vistas and enhance redevelopment outcomes.
Whether you choose to renovate, landbank, invest, or redevelop, this is a property that offers flexibility today and exceptional upside tomorrow.
Located just a short stroll to the sand, surf, cafés, and coastal walkways, 40 Edward Street is a rare Golden Triangle acquisition – combining position, elevation, dual living potential, and future development scope in one of the Sunshine Coast’s most tightly held enclaves.
What We Love:
– Prime Golden Triangle location
– Dual living potential with downstairs kitchenette and bedroom ensuite
– Five bedrooms and multiple living zones
– Recently updated kitchen with private patio
– Elevated 455m² site with partial ocean views
– High-density zoning with proposed 15m height (STCA)
– Secure parking for two vehicles
– Walk to patrolled beaches, cafés, and coastal lifestyle