49 Warana Street, Noosa Heads, Qld 4567

Tightly held and brimming with potential, 49 Warana Street offers an incredibly rare opportunity to secure a foothold in one of Noosa Heads' most desirable and central pockets. Set on a 630m² with a level building envelope, this site presents an attractive entry-level proposition for builders or landbankers seeking a straightforward redevelopment project-minimising site costs and maximising efficiency. Backing onto a bushland setting, the block combines ease of construction with a peaceful, natural outlook in company with fantastic architectural homes just up the street.

The current residence, built in the 1970s, comprises four bedrooms, two bathrooms, and a two single garages, with a practical layout split across two levels. Upstairs features three bedrooms and one bathroom, while the lower level includes a self-contained one-bedroom apartment with its own living area, kitchen, and bathroom-ideal for dual living or additional rental income.

With established tenant in place until November 2025, this is a ready-made investment with future upside in a premium growth location.

•	630m² level block with a bushland backdrop
•	Approx. 15m street frontage | Approx. 27m rear boundary
•	5 bedrooms | 2 bathrooms | 2 car garage
•	Solid 1970s construction with flexible dual-living layout
•	Upstairs: 3 bedrooms, 1 bathroom
•	Downstairs: 1-bedroom granny flat with kitchen, living & bathroom
•	Excellent potential for redevelopment or landbanking
•	Tenanted until November 2025
•	Walking distance to Noosa Junction, Noosa Farmers Markets, transport
•	10% deposit | 30/60 day settlement preferred
•	Auction in August if not sold prior

With increasing demand for new, modern homes in Noosa, builders and developers will recognise the unique value of this flat site. Alternatively, for those looking to secure a long-term asset in a tightly held pocket, this is an ideal property to landbank and hold.