30 Hooper Drive, Currumbin QLD 4223

Duplex site, waterside pocket | Medium density zoning | 7-bed dual income | Redevelopment upside The property’s primary strength is its medium density zoning on a 554m² elevated site in a tightly held waterside pocket, which positions it as a rare configuration for buyers seeking immediate dual income or future redevelopment. The existing seven-bedroom duplex with rooftop terraces and proximity to Currumbin Creek and the beach serves developers, investors, or multi-generational families who value location and flexibility over a turnkey home. The zoning permits two new duplexes subject to council approval, which is the core competitive edge in a market where similar sites are scarce. The key risk is that the existing buildings are original and likely require significant renovation or replacement to realise full value, and the bushfire and flood overlays will add cost and time to any development application. For a buyer, the commercial logic is to hold for dual rental income while pursuing a staged redevelopment, or to acquire at a price that accounts for the overlay constraints. Use this property as a long-term land bank in a premium coastal corridor, not as a quick flip.