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12 Colburn Ave

Victoria Point QLD 4165

3
3
2
668 m²
House
Currently for sale - view listing

Overview

Highly Lucrative Dual Investment with Development Potential - Roadside Shop/Cafe/Business & Renovated Home

Rare dual income opportunity offering exceptional value for astute investors, or those looking to run a business in a quality location whilst living on site. Ideal roadside shop front, previously used as a cafe, restaurant and also a bait shop. Zoned Medium Density Residential, it offers huge development potential. Enjoy the lifestyle and returns on offer now with the ability to capitalize in future. The residence is at the rear of the 668sqm lot, offering minimal maintenance grounds & maximum privacy, is super spacious, updated with brand new bathrooms, modern kitchen & upgraded fixtures and fittings. Enjoy the peace & quiet and stunning views of the bay out on the high set, large timber deck. Surrounded by water in the most gorgeous locale, only footsteps to Victoria Point Jetty & Ferry Terminal, with easy access to popular Coochiemudlo Island. Victoria Point has seen enormous growth, with development potential now obvious in this soon to boom area - less than 45 minutes into Brisbane CBD & just over an hour to the Gold Coast's most popular hubs. The opportunity of a lifetime or a lucrative, smart investment for your future. Act now! Shopfront: • Blank canvas • Perfect for shop, cafe or restaurant • Stainless steel benchtops • Indoor/outdoor seating options • Renovated bathroom • Rental Appraisal: Approx. $50,000 per annum Rear residence: • Open plan living • Renovated kitchen & bathrooms • Separate living • Spacious bedrooms • Quality timber floorboards throughout • Built in robes • Ample parking • Easy care yard • Enormous timber deck with water views • Approximate market rental return of $850.00 per week Outgoings - Council & Water Rates: $974.41 per quarter Land area: 668sqm approx. Disclaimer - In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
668 m² lot size
House

Property history for 12 Colburn Ave

2019
Sold
$488,000
Private Sale/Treaty on 17 Oct 2019 by Solomon Soner, of Team Solomon Estate Agents

Happy sellers in Victoria Point

88%
88% of sellers in Victoria Point reported that their sale price either exceeded or met their price expectations.

Victoria Point stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 133 reviews in Victoria Point over the last 12 months.

Local market activity for 3 bedroom houses in Victoria Point

In the last 12 months, 70 three-bedroom houses similar to 12 Colburn Ave, have been sold.

This represents a 28% decrease in three-bedroom houses sales when compared to the previous 12 months.

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