Sold with Chee Yap of Klover Property.
Positioned in a highly convenient and fast-growing pocket of Deception Bay, this property presents an exceptional opportunity for investors, developers, and astute buyers seeking immediate income with substantial future upside. With rental potential of approximately $1,000 or more per week, this is truly an investor’s dream, delivering steady dual income with low holding costs while you capitalize on future growth. Set on a generous 1,213m² rectangular level block with an impressive 29-metre wide frontage and 41.7-metre depth, this property offers space, flexibility and enormous potential rarely found in such a central location. Zoned Urban Neighbourhood, the property provides a range of future possibilities including high density apartments or residential care facilities. Opportunities of this scale, zoning, and condition are increasingly rare — secure your future today.
Both residences have been kept in immaculate condition, reflecting pride of ownership and ensuring strong appeal to both tenants and owner-occupiers. This property has strong income potential with one residence currently tenanted at $500/week. Each of this residences offers:-
– 3 bedrooms, including a master bedroom with ensuite and aircon
– Well-appointed main bathroom
– Light-filled, spacious living areas
– Modern kitchen with ample bench space and storage
– Private covered patio, ideal for outdoor entertaining
– Single garage plus a single carport
– Main residence also includes a workshop, perfect for trades, extra storage, or hobby use.
With its wide frontage and level topography, the block is exceptionally well suited for redevelopment, subdivision exploration, or strategic land banking. Zoned Urban Neighbourhood, the property provides a range of future possibilities (subject to council approval), including:-
– High-density housing or apartment development (up to 27 meters building height)
– Residential care facility
– Retirement living accommodation
It's central and standout location includes:-
– Quick access to the Bruce Highway for seamless north and southbound travel
– Approximately 40 minutes to Brisbane CBD
– Around 35 minutes to Brisbane Airport
– 10 minutes drive to Westfield North Lakes, offering major retail, dining and entertainment options
– Just 337 meters walk to Market Square Deception Bay for cafes and groceries
– Only 800 meters to the Deception Bay Esplanade and waterfront, offering lifestyle appeal for future residents
Importantly, the property is not flood-prone (based on council flood mapping), providing added peace of mind for investors and developers alike.
