This opportunity will not last! Whether you're looking for a home to live in with strong capital gain, are a seasoned investor seeking quality land holding with top rental returns or are a builder/developer sourcing your next profit project, this exceptional property will tick all the boxes!
The property sits on 810sqm south-facing block, which consists of 2 lots in title. This is a dream come true for developers as it presents the option to split the block and develop and will save incoming owners huge amounts in set up costs. The two 405sqm blocks are ideal for a new family-style contemporary designed two-storey home to be constructed and on-sold with the option to live in one if desired.
Currently there is a renovated sprawling lowset brick home occupying the block, which presents with a modern fit throughout. The roof has been repainted and insulated ensuring low ongoing maintenance.
The layout is practical for a family with four bedrooms, including an air-conditioned master with walk-in robe and adjoining ensuite. There are multiple living areas too with a formal lounge and dining space on entry which features a stunning brick fireplace with timber mantle and is fully tiled throughout with neutral décor. To the rear is another massive living area and casual meals space that opens to the large outdoor paved patio, pool and garden.
A central kitchen presents is in mint condition with quality Laminex cabinetry and benches. It provides stainless steel appliances and offers ample storage and a functional design for mealtimes. Gardens consist of lawn and some garden beds and there is a big inground swimming pool which needs some attention to bring back to its best form.
Positioned in a 5-star location for convenience in central Eight Mile Plains, its within easy walking distance to key amenity including Warrigal or Padstow Roads for city bus services, major shopping plazas and local complexes and the popular Warrigal Road primary school. This home enjoys proximity to M3 motorways and is only 20 minutes into Brisbane CBD.
Outstanding development potential and a high returning instantly rentable home - Call today for a private inspection.
Disclaimer: Due to QLD legislation which prohibits a seller or agent from providing a price guide for auction properties, a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
