Situated in the heart of Coolum, this rare offering presents an unparalleled development opportunity with two adjacent parcels of land, poised for transformation into a vibrant and future lucrative project. Boasting a CBD location and a substantial land area of 1012m2, these combined properties hold immense potential for a variety of development ventures. Features at a Glance; - Blue Chip Residential Site or Unit Development. - Zoned Medium Density - 3 Storey Design Approvals. - 150m to the Surf Club and Coolum Surf Beach. - 2 x Titles 506m2 each - Total Combined 1012m2. - 39 Coolum Terrace includes a dwelling, 2 bed 1 bath 2 car. - Air BnB rental - Not occupied currently. - 41 Coolum Terrace includes a dwelling, 1 bed 1 bath & 1 car. - Rented to a long-term tenant. $300 p/w. - Very high development potential - Subject to DA Approval. This prime dual title sale opportunity offers investors, large-scale luxury home builder's and developers the chance to create a landmark project that aligns with the community's needs and enhances the overall appeal of the area. With careful planning, market analysis, and community engagement, these two unique residences have the potential to become a cornerstone of Coolum's growth and development.