29 Grey Gum Drive, Caloundra West
Listing data updated 8 June 2026
Opportunities of this calibre are rarely offered on the Sunshine Coast. Positioned towards the top of Sugar Bag Road, this exceptional property captures breathtaking panoramic views stretching across Caloundra, Golden Beach, Bribie Island and out to Moreton Island. Perfectly suited to families, extended families, astute investors, this versatile residence offers outstanding flexibility and income potential in a tightly held location at the end of a private cul-de-sac on the border of Little Mountain and Caloundra West with stacks of room for the caravan/boat or trailer. Upper Level - Light-Filled Living with Spectacular Views The main living level is thoughtfully designed, showcasing a spacious open-plan layout enhanced by natural light and coastal breezes. The expansive deck is a true highlight, providing an elevated vantage point to enjoy sweeping ocean and island views. Upstairs comprises four bedrooms, including a spacious master retreat complete with ensuite and walk-in wardrobe, plus a large family bathroom servicing the additional bedrooms. Features include: • Generous open-plan living and dining area • Modern kitchen with quality appliances • Large contemporary tiles throughout, including bedrooms and garage • Stylish bathrooms with frameless shower screens and floor-to-ceiling tiling • Spacious master bedroom with ensuite and walk-in wardrobe • Large family bathroom • Two split-system reverse-cycle air-conditioners • Solar • 2.55m high ceilings • 5,000-litre rainwater tank • Extensive under-house storage Lower Level - Flexible Living or Income Opportunity The lower level presents exceptional versatility. Whether utilised as a private retreat, work-from-home space, extended family accommodation, or further enhanced to connect both levels, the possibilities are extensive. Downstairs includes a large bedroom with walk-through ensuite, plus an expansive living, dining and kitchen zone flowing seamlessly to the oversized deck. Features include: • Expansive living area (8m x 5.3m) with two-pack cabinetry and modern splashback • Dedicated dining and kitchen space • Timber-look flooring throughout • Large bedroom with walk-through ensuite • Large deck (15m x 3m) with elevated views • Impressive 3.3m high ceilings . Air-conditioner Prime Location Set in a nice, quiet cul-de-sac, the property enjoys exceptional convenience: . Approximately 5 Minutes to Sugar Bag Road MTB Trails • Approximately 10 minutes to Caloundra beaches • Within the catchment for Meridan State College • 10 minutes to highway access • 15 minutes to Sunshine Coast University Hospital • 30 minutes to Sunshine Coast Airport • Approximately 1 Hour to Brisbane Domestic & International Airports Investment Potential For investors, the updated rental appraisal is highly attractive: • Upper level: $850 per week * • Lower level: $500 per week * This is a rare opportunity to secure a property offering lifestyle, flexibility and strong income potential in one of the Sunshine Coast's most desirable elevated positions. An inspection is essential to truly appreciate what is on offer. * Approximately. Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property. If this property is being sold by auction or without a price, a price guide cannot be provided. The website may have filtered the property into a price bracket for functionality purposes.
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