Here is a fantastic opportunity to make the most of the Redcliffe Peninsula lifestyle. Situated just a 5-minute stroll away from the stunning Queens beach, where you can take in the sea breeze or have a dip in the ocean. Continue to meander along the esplanade to both Redcliffe CBD and Scarborough beach and experience the vast array of trendy restaurants, cafes and parks, all at your leisure.
Any astute property investor knows that land value is what appreciates, and here you have a level, 773m2 block just 200m to the waterfront. Whilst the land and location hold unprecedented value, there is a bonus quality home that has been partially renovated. The current owners had plans to do a major renovation and raise the existing ground floor to legal height. Due to unforeseen circumstances, they are now needing to relocate, hence why this amazing opportunity has presented itself to another lucky buyer.
The property is being sold ‘as is’ but the options and potential here are endless. You may wish to continue with the current plans to raise and renovate, or you might prefer to rebuild what has been demolished and bring the downstairs area back to life. Alternatively, you may choose to start afresh and build your dream home on a generous block. There is already a quality in-ground fibreglass pool positioned well on the block saving you thousands.
If these options aren’t for you, you may be interested to know that the land is zoned General Residential – Next Generation, offering multiple development options subject to council approval. Next Generation zoning allows for multi-residential developments, such as units and townhouses, which will always be popular here on the Peninsular for quality low-maintenance living. You could also look to retain the existing dwelling and subdivide to create a vacant block at the rear. The options with this prime piece of real estate really are endless, so contact your town planner today to investigate further.
Large blocks of land in these sought-after locations are becoming increasingly rare, so this is an opportunity to secure your slice of real estate gold here on the beautiful Redcliffe Peninsula.
If you would like further information or to inspect the property, contact Brendan today!
