House for sale

1-3 Geeribach Lane,

Yaroomba, QLD

3 1 0
Auction Sat 19th Aug 10am

Arguably the Most Sought After Piece of Beachfront Real Estate

A unique offering of beachside residential property measuring 1569m2 is presented to the market for the first time in 29 years.

The auctioneer will first call for bids on 3 Geeribach Lane which includes the original fibro house on 882m2 of beach front land.

Then immediately following, bids will be called for 1 Geeribach Lane the adjoining vacant block of land measuring 687m2 on the corner of Yinneburra Street.

The location and size is nothing short of extraordinary with the popular beach access and ocean lookout from Geeribach Lane adjacent to the property.

Any wonder the current owners have been hounded by prospective buyers over the years making it arguably the most sought after piece of beachfront real estate in Yaroomba.

Measuring a wide 33 metre frontage where the land meets the beach front reserve, while neighbouring properties in Yinneburra Street measure 16 metres does make this a one of a kind offering. Not to mention the rare opportunity to purchase both 1 and 3 Geeribach Lane from the one seller.

The current owner says "We discovered the property in 1988 and have watched with interest the changes and progress in Yaroomba over this time. Valuable homes now cover the beach front including a recently completed prestige home across the lane at 6 Geeribach. The spelling of the lane has changed 4 times during the last 29 years but the extraordinary location remains the same"

The original fibro beach home stands 2 storeys high with 3 bedrooms, 1 bathroom and 2 living areas. Timber floors an open staircase and large picture windows add to the funky character. A covered outdoor entertaining area overlooks an expanse of lawn. Off street parking for multiple vehicles. Excellent holding tenants are in place and keen to remain if the opportunity presents.
The home sits on 882m2 (Lot 2) of valuable beachfront land ripe for development.

The adjoining block measuring 687m2 (Lot 1) is prime real estate in its own right. Two street frontage to Yinneburra Street and Geeribach Lane provides multiple design opportunities. A level corner location is always sought after.

For those interstate buyers reading this, Yaroomba is a quiet beach suburb a stone's throw from Coolum Beach and 90 minutes north of Brisbane on Queensland's Sunshine Coast.

Noosa Heads and Mooloolaba are 20 minutes away and it's 10 minutes to Maroochydore Airport with direct flights to Sydney, Melbourne and Auckland. The proposed airport expansion will see more flights to more locations. A proposal to build a 5 star hotel is currently before council which would be situated in Yaroomba approx 1km to the south.

The new state of the art hospital at Kawana has opened which is located near the Sunshine Coast University.

Mark Lawler and Richardson & Wrench Coolum are proud to present this rare beach side property to the market.

Contact Mark today on 0423 766 713
Last updated: 10:45AM on Jul 24th 2017
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Richardson & Wrench Coolum

3/1792 David Low Way
Coolum Beach QLD, 4573
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