Without a doubt this little humble Maroochy beachside home is sure to attract every astute investor for at least a 100km radius. The deceased estate is being liquidated and will certainly impress with the location, level plot of land and definitely the price. If you are prepared to do the work, the rewards will be great: fix up and rent out, or knock down and build your beachside dream home or even a duplex (requires Council approval).
The house is in need of a little work to tenant; a rental appraisal estimated that, with some handy-man work, it would rent at $260 p/w. The home consists of two good sized bedrooms and the main has a large air-conditioning unit. There is a good sized living area and both verandas have been enclosed to double the living area.
However, the value with this property isn't the home that has been there for well over 20 years, but the 607m2 level block of land.Best of all, the property is located in the very tightly held Maroochy Beachside precinct where homes rarely come to market and even more seldom come to market under such circumstances.
With the property only a short walk to Maroochy Beach and the Maroochydore River, you can't get residential property much more central than this. The home obviously offers amazing possibilities to so many, with endless potential. It will be offered come Auction day at what the market is prepared to pay.
Without a doubt this will be Maroochydore's best value home by a country mile; or an amazing block of land that offers an income till you build. All inspections are strongly encouraged as this blue chip property WILL BE SOLD UNDER THE HAMMER!