14 Edward Street, Alexandra Headland QLD 4572

| 5-bed dual living | 455m² near beach | no overlays | development potential | owner-occupied street | This property offers a rare configuration advantage: separate dual living over two levels on a 455m² lot in a tightly held Alexandra Headland street. The combination of five bedrooms, three garage spaces, and no bushfire, flood, or heritage overlays positions it as a versatile holding for a buyer seeking both immediate rental income and future redevelopment optionality. Its location within walking distance of Mooloolaba State School and reliable NBN FTTP connectivity adds practical appeal for families or tenants. The 75% owner-occupied street profile signals stable neighbourhood demand, which supports capital preservation. The primary risk is the elevated valuation at $2.7 million, which may compress rental yields even at the high end of the $1,000–$1,275 per week range. The 49% building coverage and 224m² footprint limit immediate redevelopment scale without council approval, and the 23m ground elevation offers no flood buffer against storm surge. The auction timeline—first listed May 2026 with a June auction—creates a narrow due diligence window. Buyers should commission a structural inspection for the two-level separate living layout and verify dual occupancy compliance. Hold as a cash-flowing family home or dual-income rental, with a medium-term view to redevelop if zoning permits.