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2 Penguin Street

Inala QLD 4077

3
1
90 m²
620 m²
House
Currently for sale - view listing

Overview

CORNER BLOCK + LOCATION + FUTURE POTENTIAL!

If location, land and future potential are sitting at the top of your property shopping list, then 2 Penguin Street needs to be right at the top. Positioned on a generous 620m² corner allotment, this property offers investors an exciting opportunity to secure a well-located piece of Inala real estate with plenty of options to consider for the future. The existing three-bedroom home provides immediate potential to renovate, improve and add value, while the corner position opens the door to an even bigger conversation. For buyers thinking beyond today, there is potential to demolish the existing home and investigate the construction of a duplex/dual-occupancy development, taking advantage of the property's corner position and multiple street frontages, subject to Brisbane City Council approval, planning requirements and buyer due diligence. Whether your strategy is to renovate and hold, improve the existing property for stronger rental returns, land-bank for the future or investigate redevelopment, this is the kind of property where location and potential work hand in hand. WHY THIS SHOULD BE AT THE TOP OF YOUR SHOPPING LIST: Generous 620m² corner allotment Existing three-bedroom home Opportunity to renovate and add value Potential knock-down and duplex redevelopment opportunity Corner position offering exciting future possibilities Strong investor and land-banking appeal Convenient Inala location close to everyday amenities Multiple strategies for investors to investigate Development potential subject to council approval and relevant planning requirements Properties where you can see both value today and possibilities for tomorrow are exactly what savvy investors look for. Renovate it. Rent it. Land-bank it. Or investigate knocking it down and unlocking the potential of the corner block. Whatever your strategy, 2 Penguin Street, Inala is one property that deserves to be at the top of your shopping list. Location. Corner position. Potential. Opportunity. Don't miss your chance to investigate what this property could become. Contact William Teys today 0401 373 320 to arrange you inspection Disclaimer We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers and rental tenants should make their own enquiries to verify the information contained herein.

Features

3 bedrooms
1 bathroom
90 m² floor area
620 m² lot size
House

Property history for 2 Penguin Street

2020
Rented
Undisclosed
Leased on 30 Jan 2020 by Coulson Real Estate

Happy sellers in Inala

93%
93% of sellers in Inala reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 22 reviews in Inala over the last 12 months.

Local market activity for 3 bedroom houses in Inala

In the last 12 months, 51 three-bedroom houses similar to 2 Penguin Street, have been sold.

This represents a 35% increase in three-bedroom houses sales when compared to the previous 12 months.

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