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Block of Units

58-60 Matthew Flinders Drive Cooee Bay, QLD 4703

Sold for $1,800,000 on 13 Feb 2026Floorplan
  • 8 Beds
  • 4 Baths
  • 4 Cars
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58-60 Matthew Flinders Drive, Cooee Bay, QLD 4703

Block of Units in Cooee Bay

Prime Cooee Bay Investment Opportunity - Steps from the Beach

  • 8 Beds
  • 4 Baths
  • 4 Cars

Opportunities like this in one of Yeppoon's most sought-after suburbs don't come along often. Perfectly positioned in iconic Cooee Bay, this corner block is directly across the road from the popular 2 Sisters Coffee Shop and only 50 metres from the beach - the ultimate lifestyle and investment address.

Set on a premium parcel of land, this property features 4 x 2-bedroom, 1-bathroom units, each currently tenanted and collectively returning $1,370 per week, with rental potential of $1,680-$1,880 per week.

Whether you're looking to land bank for the future, renovate and add value, or secure a high-performing investment in a blue-chip coastal location, this property offers unmatched flexibility and growth potential.

Key Features:

  • Highly sought-after Cooee Bay location
  • Corner block position
  • 4 x 2-bedroom, 1-bath units
  • Currently returning $1,370 per week
  • Projected rental return $1,680-$1,880 per week
  • Directly across from 2 Sisters Coffee Shop
  • Only 50m to the beach
  • Endless potential to renovate, modernise, or hold for future capital growth

This is your chance to secure an exceptional investment in one of the Capricorn Coast's tightest-held pockets.

Opportunities like this are rarely offered and quickly snapped up - act fast. Call Cheyne White Today 0414060810

Offers to Purchase closing 9/01/26 unless sold prior

Land:

931m² / 0.23 acres

Parking:

4 garage spaces and 4 carport spaces

Bedrooms:

8

Bathrooms:

4