12 Foyster Drive

Lakeland QLD 4871

1940 m²

House

Last sold for $380,000

Jamie Sail, last sold this property on 16 March 2023 after 295 days on market.

Overview

Multi-Purpose Workshop or Retail site with Accommodation. Rental income Potential of $1200 per week.

A perfect site for mechanical workshop, Farm supplies or a towing recovery operation on the busy Highways. Also a steady rental investment with Lakelands growing population, a housing shortage & quality tenants waiting. Two street frontages. 8X12 Open bay Shed. Drive through Truck Bay. Vehicle inspection pit. 9x9 metre shed. Outdoor storage areas . Security fencing. 5 bedrooms, 3 bathrooms, Kitchen, lounge, dining, laundry & accommodation mess area. Excellent Business location. LAKELAND is a Booming rural area on the Junction of The Peninsular Development Rd to Cape York & The Mulligan Hwy to Cooktown. Large infrastructure developments underway, solar & wind renewable energy projects & planning for a 200 Megalitre irrigation scheme. The district has deep volcanic soils supporting large cropping & grazing enterprises. Local Government expects Lakeland to have several thousand new residents. Investors are starting to take note of opportunities in the area with Government & private purchase of land. More information on Lakeland projects on the following links. http://www.cook.qld.gov.au/development/infrastructure-update/lakeland-solar-and-storage-project-1 https://lakelandwindfarm.com.au/ https://www.rdatropicalnorth.org.au/about/initiatives/lakeland-irrigation-scheme/ For SALE by SAIL Property Code: 5

Features

5 bedrooms

3 bathrooms

15 carspaces

1940 m² lot size

House

Estimated Value

We need at least 3 similar 5 bedroom houses sold in Lakeland over the last 12 months.

Property history for 12 Foyster Drive

2023

Sold

$380,000

Private Sale/Treaty on 16 Mar 2023 by Jamie Sail, of Cape York Real Estate

Happy sellers in Lakeland

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