So many options to suit your lifestyle and back pocket!! Ideally located property in a quiet cul de sac close to the Tewantin State School, just a short walk to downtown Tewantin and with Lake Doonella views.
Renovate the high set Queenslander and enjoy the close proximity to town.
Position is paramount – leave the car at home and walk to everything. Lots of living space to spread out, 3 bedrooms plus study upstairs with open plan living/dining and a generous kitchen overlooking the lake. Downstairs a 2 bedroom studio with living, kitchenette, and bathroom – currently separated from the main house and rented out – but easily opened up to create 2 living areas, 5 bedrooms plus study, 2 bathrooms and a single lock up garage plus carport. Flat useable block with no easements, fully fenced and plenty of space to pop in a pool. Alternatively a perfect work from home set up with the close proximity to town a huge advantage.
Land bank the property for future development and reap significant rental returns in the meantime.
Dual living equals dual income! The downstairs studio is currently rented out for a good return, and the upstairs section of the house could easily be leased as well, meaning peace of mind for your back pocket while you decided how to develop it into the future.
Take advantage of the unit potential, build, rent out or on-sell for generous wealth creation.
With land at a premium in Tewantin, this block falls within the attached housing precinct which ensures long term growth. Pending council approval there is potential to develop 4 x 1 bedroom units, 3 x 2 bedroom units or 2 x 3 bedroom units. The level block and easy access means minimal work (and funds) are required to develop it to its full potential. Alternatively leave the current house as is and build an additional 3 bedroom house at the rear of the block.
The opportunities are endless, the choice is yours.