Have you been scouring the property market across Queensland looking for a HUGE residential block that has oodles of potential for development yet is currently set up to return well for the immediate future? Then stop looking! We’ve not seen a block like this come up for sale in a long time – and who knows when it might happen again?!
This gorgeous low-set cottage presents immaculately thanks to great tenants wanting to stay on and big renovations conducted in the recent past! The tenancy stands to expire in September but why not re-sign these quality occupants to a new lease while you get your development applications in place? Current returns are $550 per week which is a great place to start!
The renovations include a stunning as-new kitchen with pendant lights, 900mm stove / gas top, sleek dishwasher and a timeless colour palette. The bathroom has also been done top to bottom with ceiling to floor tiling, oversize vanity, toilet and an easy step-in shower. These compliment the open plan layout with high ceilings and hardwood polished timber floors.
There are three bedrooms upstairs all with fans and the master with air conditioning whilst a sunroom to front greets your guests. A fourth bedroom option is down three steps adjacent the second living space, also air conditioned with a shower / extra toilet to one end.
From here, it’s outside that you’ll want to talk about – all 1,807sqm of it! As storage goes there’s an enclosed outdoor entertaining area and workshop with two car accommodation (at least) set to the left of the block beside the house. There’s access to get to rear and the yard is fenced with only one easement to the rear – a sewer line. That means that you have yourself an incredible allotment in ever-popular, high and dry Kepnock with the ability to build units, subdivide or create a dual-occupancy situation subject to Council Approvals. What’s stopping you?! Investments like this just don’t come along!
AT A GLANCE:
- 3 / 4 bed, master with air con, 2 bath, 2+ car
- Open plan living / dining / modern kitchen with gas cooktop, very spacious
- Front sunroom, rear rumpus room with air con
- 1,807sqm flood free allotment, fenced with side access
- Located a short drive to CBD with easy coastal access
- Rates; $2,000 approx. per half year
Contact Bundaberg’s favourite Real Estate Team, Brent Illingworth & Tylah Stinson, to make your interest known here fast! Inspections are available on scheduled Open Home times only.
***The information provided is to be used as an estimate only. All potential purchasers should make their own enquiries to satisfy themselves as to any due diligence required.***