Large 1294 block in a great central location – Multiple Opportunities for the astute.
It a great family home that oozes character with 4 good sized bedrooms, 3 with built in and the main with it’s own parent’s retreat area. Timber floors with fretwork adorn the dining and lounge area. Large family area separate to the lounge plus there is a large sunroom. The kitchen is large and functional.
Outside offers lots of entertaining areas and places to play, fairy gardens created or just a nice shady place to relax and watch the children playing. There is undercover car parking to accommodate at least 4 vehicles. There are 2 garden sheds, one with power.
For the astute investor – this may offer much greater potential – located in Bundaberg south, block size of 1294m2 and in an area where other blocks around have created higher density developments. Fantastic Land Bank opportunity, gather rent while you do the designing and investigate your options – would they be to move the house to the one side of the block and then utilise the other with a new construction; or would you move the existing home to an out of town location and utilise the full 1294m2 to your best advantage. Obviously any planning and development would be subject to appropriate approvals. The options are there to be explored.
The current owners purchased this for future development themselves but have an opportunity elsewhere now and would like to switch to another project closer to where they now live.
Currently leased until December at $320 per week, and existing have indicated they would like to sign a long term lease.

Property Code: 1383819