EXECUTIVE SUMMARY
The company presents an exceptional opportunity to invest in the renovation of 136A Oceanic Drive, Warana—a premium coastal property requiring $875,000 in gap financing. This comprehensive renovation will transform a dated 1990s residence into a contemporary family home, capitalising on the Sunshine Coast's robust property market. The project offers investors 18% per annum returns, paid in arrears, with security via second mortgage registration upon construction finance approval. Our feasibility analysis projects a gross realisation value of $2.85-$2.95 million upon completion, representing significant upside potential.
The 661m² property sits opposite beach access in one of Queensland's fastest-growing coastal regions. Planned improvements include substantial internal renovations, adding a fifth bedroom with ensuite, balcony safety upgrades, premium stone cladding, pool area transformation, and enhanced landscaping.
Project timeline spans 6-10 months, with experienced builder partnerships and streamlined approval processes through private certifiers. The investment structure accommodates multiple investors, providing flexibility and risk distribution. Market fundamentals strongly support this opportunity, with continued interstate migration driving unprecedented demand for quality coastal properties across the Sunshine Coast region.
DEVELOPMENT HISTORY AND KEY BUSINESS MILESTONES
This accomplished developer has demonstrated exceptional expertise in identifying, executing, and delivering profitable development projects across premium Queensland locations. With a proven track record spanning subdivision, luxury residential construction, and multi-unit development approvals, their portfolio showcases strategic market positioning and successful project execution.
TYPICAL BUYERS
Our target customer base comprises discerning buyers seeking premium coastal lifestyle properties within the Sunshine Coast's sought-after beachside suburbs. Primary customers include successful professionals aged 35-55 relocating from southern states, particularly Sydney and Melbourne, who value quality construction, contemporary design, and proximity to pristine beaches. These buyers typically possess household incomes exceeding $200,000 annually and seek properties reflecting their success whilst embracing the relaxed Queensland coastal lifestyle. Secondary customers encompass affluent retirees, often downsizing from larger properties but unwilling to compromise on quality, location, or modern amenities.
OPPORTUNITIES
Sunshine Coast property market continues experiencing unprecedented growth with limited quality stock available. Renovation approach allows value creation through strategic improvements rather than new construction costs. Multiple investor structure enables risk sharing and increased funding flexibility. Strong rental market provides exit strategy alternatives if sales market softens. Potential for additional similar projects within the local area given market demand.
