Sold

58-60 Matthew Flinders Drive,
Cooee Bay 4703, Queensland

8 bedrooms
4 bathrooms
4 car spaces
931m² land size
Block of Units

$1,800,000


Property details

Prime Cooee Bay Investment Opportunity - Steps from the Beach

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

Explore the area


School catchments

  • Taranganba State School Primary Prep-6 Government 1.5km
  • Sacred Heart Catholic Primary School Primary Prep-6 Catholic 2.0km
  • Yeppoon State School Primary Prep-6 Government 2.9km
  • St Benedict's Catholic Primary School Primary Prep-6 Catholic 5.5km
  • Farnborough State School Primary Prep-6 Government 7.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


Back to top