This unique property is ideal for first home buyers seeking a low-maintenance home or investors looking to take advantage of the desirable location and sub division this property has to offer. Situated only 5klm to the city centre and only 3klm to where the new stadium is going to be built it offers a unique value proposition. You can rent the front of the house out, sub divide the block then sell it and take the profits off what you owe on the front or you can build a brand new house at the back with your now almost free block of land.
Features include:
- Traditional Queenslander
- Three good sized bedrooms
- Massive 1012 block with Sub Division Approval
- Only 5km to City Centre
- Only 3km to where the new Stadium will be built
- New Kitchen and Bathroom
- 231sqm (approx.) under roof
This Queenslander is the ideal alternative to a townhouse; perched on a large but low-maintenance block without any body corporate fees, you will love the convenience and potential this property offers. Downstairs there is large amounts of storage, and provides the opportunity to further capitalise on this location to raise and build underneath.
Upstairs your eyes will be drawn to the polished timber floors and high ceilings throughout the home and you are sure to love the original character features. The kitchen is new, functional and practical, and has a large amount of counter space. The bedrooms are serviced by a charming main bathroom with high ceilings. Perfectly comfortable as is and at this very cheap price the astute buyer could take it as is, or take advantage of the original features and renovate and sub divide to add value or increase rental return.
Whether you are an owner-occupier or an investor, the major appeal of this home lies in its ultra-convenient location. As I said before so close to the city and new stadium but also benefits from the local state schools, parks, sports grounds, plus nearby walking trails and recreation areas at Idalia. Conveniently Fairfield Waters Central Shopping Centre has recently been constructed only 1min away and there are some excellent plans for expansion.
Don't miss out on this one as at this price with a sub division approval they don't come up too often!
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