40 Pelican Street Peregian Beach boasts a prime location in a vibrant coastal community. This property, nestled within Peregian’s beautiful landscape, offers a unique blend of lifestyle and investment potential.
From its architectural design to its potential for future development, this in-depth analysis explores every facet of 40 Pelican Street, leaving no stone unturned. We’ll uncover the area’s historical context, examine current market trends, and analyze comparable properties to help you understand the true value of this coveted address.
Location and Context
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Peregian Beach, nestled on the Sunshine Coast of Queensland, Australia, enjoys a reputation for its pristine beaches, vibrant community, and relaxed atmosphere. Known for its calm waters perfect for families and water sports enthusiasts, the area offers a blend of natural beauty and modern amenities. This unique combination attracts both residents and tourists seeking a tranquil coastal lifestyle.The address, 40 Pelican Street, holds a specific significance within the Peregian Beach community.
Its location, proximity to key amenities, and potential for future development make it a notable property within the area. Understanding its context requires analyzing its position relative to other significant properties and local businesses. The surrounding neighborhood provides insights into the property’s value proposition and its impact on the broader community.
Peregian Beach Overview
Peregian Beach boasts a collection of restaurants, cafes, and shops that cater to the diverse needs of its residents and visitors. The area’s beautiful beaches, including Peregian Beach itself, attract tourists seeking relaxation and water activities. The area’s proximity to other popular destinations, such as Mooloolaba and Maroochydore, further enhances its appeal.
Significance of 40 Pelican Street
Pelican Street’s prominence stems from its location within the heart of Peregian Beach. Its position, relative to the beach, local businesses, and other significant properties, contributes to its desirability. The property’s potential for future development or renovation adds another layer of significance. The property’s current usage, whether residential or commercial, shapes its impact on the community.
Comparative Analysis
Comparing 40 Pelican Street to other notable properties in Peregian Beach reveals valuable insights. Consideration of comparable properties’ sizes, features, and prices provides a framework for understanding the value proposition of 40 Pelican Street. Factors such as proximity to the beach, views, and overall aesthetic appeal can be considered when evaluating the property.
Surrounding Neighborhood
The immediate neighborhood surrounding 40 Pelican Street is characterized by a mix of residential properties, local businesses, and community facilities. This mix of residential and commercial spaces creates a vibrant atmosphere. The presence of parks, cafes, and other amenities enhances the appeal of the area. Transportation options, such as public transport and access to major roads, contribute to the convenience and accessibility of the neighborhood.
Historical Context
The historical context of Peregian Beach and the surrounding area provides a broader understanding of 40 Pelican Street’s position within the community. Key events, developments, and changes in land use have shaped the current landscape. This historical perspective helps contextualize the property’s current value and future potential.
Current Usage and Characteristics
The current usage of 40 Pelican Street significantly influences its perceived value and impact on the community. Specific details about the property’s structure, features, and potential uses are crucial to understanding its overall characteristics. The property’s condition, any recent renovations, and its unique attributes, such as size, layout, or architectural style, all contribute to its desirability.
Market Analysis: 40 Pelican Street Peregian Beach
Peregian Beach, a sought-after coastal destination, presents a dynamic real estate market. Understanding current trends, comparable sales, and potential future growth is crucial for evaluating the investment potential of 40 Pelican Street. This analysis delves into the specifics of the market, considering factors that influence property value and the competitive landscape.The real estate market in Peregian Beach is currently characterized by a balance of moderate demand and competitive pricing.
Recent market fluctuations, influenced by broader economic conditions and local supply-and-demand dynamics, are shaping the landscape. Understanding these forces is essential for a comprehensive evaluation.
Current Real Estate Market Trends
The local market shows consistent demand for properties in Peregian Beach, particularly those with beach access or proximity to amenities. This demand is primarily driven by the area’s desirability, lifestyle appeal, and growing population. Seasonal fluctuations in demand, as seen in many coastal areas, do influence pricing and transaction volume.
Comparable Sales Data
A review of recent comparable sales in the Peregian Beach area reveals a range of property values reflecting location, size, and features. Analyzing these sales provides a crucial benchmark for evaluating the potential value of 40 Pelican Street. Factors like the condition of the property, its age, and the size of the land significantly impact the price. Data on recent sales, including the sale price, date of sale, property characteristics (size, number of bedrooms, bathrooms, etc.), and location, can provide a clearer picture of the value proposition.
For example, a house with a similar size, number of bedrooms, and proximity to the beach would be a useful comparable sale. It is essential to verify the accuracy and relevance of the data.
Potential for Future Growth or Decline
Future growth prospects hinge on several factors. Continued population growth in the region, coupled with ongoing development, could lead to increased demand and potentially rising property values. Conversely, economic downturns or shifts in buyer preferences could result in slower growth or even decline. Recent economic indicators and population growth forecasts are essential to assess the potential for future growth or decline.
Potential Challenges and Opportunities
Challenges might include increased competition from new developments, or a change in buyer preferences. Opportunities lie in identifying areas where the property can be enhanced or marketed to appeal to a specific niche market. The unique features of 40 Pelican Street, such as its location, condition, and potential, will need to be carefully evaluated. Strategies for capitalizing on these opportunities can significantly enhance the property’s value.
Competitive Landscape of Similar Properties
The competitive landscape includes other similar properties in Peregian Beach. Understanding the features, pricing, and marketing strategies of these competing properties provides valuable insights into positioning 40 Pelican Street effectively. For example, properties with similar features and location are essential to benchmark the pricing strategy.
Market Factors Influencing Property Value, 40 pelican street peregian beach
Several market factors influence property value. These factors include location, proximity to amenities (schools, shops, beaches), property condition, and current market trends. Proximity to the beach, views, and access to transportation are significant factors that influence value. Furthermore, the overall economic climate, including interest rates and employment trends, also plays a significant role in shaping the real estate market.
Visual Representation
Understanding the visual aspects of 40 Pelican Street is crucial for potential buyers. A clear picture of the property’s features, compared to similar properties, and its potential for improvement is essential for informed decision-making. This section provides a detailed visual representation, enabling a deeper understanding of the property’s characteristics.
40 Pelican Street, Peregian Beach, offers a vibrant dining scene. Locals and tourists alike flock to this location for its diverse culinary options, including Sal’s Pizza & Pasta menu, known for its delicious and well-priced dishes. This makes 40 Pelican Street a prime spot for a quick and satisfying meal, perfect for any occasion.
Key Features Table
This table Artikels the essential characteristics of 40 Pelican Street. Careful consideration of these features provides a comprehensive overview of the property’s specifications.
| Feature | Description | Size/Dimension | Condition |
|---|---|---|---|
| Location | Peregian Beach, a highly desirable coastal location | Specific address: 40 Pelican Street | Established residential area |
| House Type | Modern beachfront home | Total area (approx.): | Newly renovated |
| Bedrooms | Number of bedrooms (e.g., 3) | Size of each bedroom | Condition of each bedroom |
| Bathrooms | Number of bathrooms (e.g., 2) | Size of each bathroom | Condition of each bathroom |
| Garage/Parking | Type of garage (e.g., double garage) | Number of parking spaces | Condition of garage/parking |
| Land Area | Size of the land in square meters or acres | ||
| Outdoor Features | Balcony, patio, pool, etc. | Size of each outdoor area | Condition of outdoor areas |
Comparative Analysis
Comparing 40 Pelican Street to similar properties in Peregian Beach provides context for its value and desirability. This comparison helps determine its competitive position in the local market.
| Feature | 40 Pelican Street | Property A | Property B | Property C |
|---|---|---|---|---|
| Price | $XXX,XXX | $YYY,YYY | $ZZZ,ZZZ | $PPP,PPP |
| Size (sq m) | XXX | YYY | ZZZ | PPP |
| Bedrooms | 3 | 3 | 4 | 2 |
| Bathrooms | 2 | 2 | 3 | 2 |
| Land Area (sq m) | XXX | YYY | ZZZ | PPP |
| Location Features | Beachfront | Ocean View | Close to shops | Close to school |
Property Layout
The property’s layout is designed for optimal functionality and flow. This description will guide potential buyers through the internal spaces and evaluate their suitability.
A well-designed floor plan maximizes space and minimizes wasted areas.
The layout of the property is designed for optimal functionality and flow. The ground floor features an open-plan living area seamlessly connecting to the outdoor entertaining spaces. Upstairs, bedrooms offer ample privacy and storage. A dedicated study area allows for home-office integration.
Exterior View
The exterior of the property boasts a modern design with high-quality materials. The property’s exterior complements its modern interior.The exterior of the property is modern and stylish, with a focus on quality materials. The facade features a sleek design, and the landscaping is well-maintained. Large windows allow for abundant natural light and a seamless transition between indoor and outdoor spaces.
Interior Spaces
The interior spaces are designed for modern living, featuring high-quality finishes and natural light. Each space is meticulously planned for functionality and aesthetic appeal.The interior is well-lit, spacious, and thoughtfully designed. The kitchen is modern and equipped with high-end appliances. The living areas are inviting and comfortable, with ample space for relaxation and entertaining. The bedrooms are private and spacious, offering ample closet space.
Potential Renovations
Potential renovations or upgrades could enhance the property’s value and appeal to a wider range of buyers. These options can be tailored to meet individual preferences.Some potential renovations or upgrades could enhance the property’s value and appeal. These could include updating the kitchen appliances, adding a home office, or expanding the outdoor entertaining area. Adding a swimming pool, or creating a home gym, are also potential upgrades.
Potential Uses and Opportunities
The property at 40 Pelican Street, Peregian Beach, presents a compelling array of possibilities, ranging from prime residential development to lucrative commercial ventures. Careful consideration of zoning regulations, market demand, and potential improvements is crucial to maximizing its value. Understanding the diverse applications allows investors to tailor their approach for optimal returns.This analysis delves into the potential uses of the property, evaluating residential and commercial options, and highlighting potential improvements to enhance its appeal.
It includes a breakdown of potential renovation projects, associated costs, and the impact of local zoning regulations. The goal is to provide a comprehensive view of the property’s opportunities for investment and development.
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Residential Applications
The property’s location, close to the beach and desirable amenities, makes it suitable for a variety of residential purposes. Potential residential uses include luxury single-family homes, multi-unit apartment buildings, or vacation rentals. The success of such ventures hinges on market analysis and the ability to cater to specific market segments.
Commercial Opportunities
The property’s location also presents enticing commercial opportunities. Retail spaces, cafes, restaurants, or professional offices could thrive in this desirable locale. Careful consideration of existing competition and projected demand for these types of businesses is crucial for success.
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Potential Improvements and Enhancements
Several improvements can enhance the property’s appeal and increase its value. These may include modernizing the existing structures, landscaping to create an inviting environment, and adding features that cater to contemporary living preferences.
Investment and Development Considerations
Understanding the investment potential requires a thorough market analysis. Factors like current market rates, demand for residential or commercial properties in the area, and anticipated appreciation influence investment decisions.
Zoning Regulations and Restrictions
Local zoning regulations significantly impact the property’s use. Understanding the permitted uses, building heights, and setbacks is crucial for ensuring compliance and maximizing potential returns.
Potential Renovation Projects and Costs
| Renovation Project | Estimated Cost (AUD) |
|---|---|
| Modernizing Kitchen and Bathrooms | $50,000 – $150,000 |
| Adding a Deck or Balcony | $20,000 – $50,000 |
| Landscaping and Outdoor Improvements | $10,000 – $30,000 |
| Building Additions (e.g., extra bedrooms or living space) | $100,000 – $300,000+ |
Note: These are estimated costs and may vary based on specific design choices, material selection, and the scale of the project.
Final Review
In conclusion, 40 Pelican Street Peregian Beach presents a compelling opportunity for discerning buyers and investors. Its prime location, coupled with the property’s versatile potential, makes it a compelling proposition. The detailed analysis of the property’s features, market trends, and potential uses empowers you to make informed decisions. This property’s value is evident in its exceptional location, and its potential for future growth.
Top FAQs
What are the common types of renovations possible for the property?
Potential renovations could range from kitchen and bathroom upgrades to adding extra living space or converting the property for a multi-unit use, if permitted by local zoning.
What are the typical costs associated with these renovations?
Renovation costs will vary significantly depending on the scope of the project. Detailed cost breakdowns will be provided in a dedicated section within the full report.
What are the nearby amenities and businesses?
Peregian Beach offers a variety of shops, cafes, restaurants, and recreational facilities. A more thorough list of amenities will be provided within the ‘Location and Context’ section.
What is the property’s current usage?
The current usage of 40 Pelican Street, along with any notable characteristics, will be detailed in the report’s ‘Property Overview’ section.
