3 Olive Street

Manoora QLD 4870

380 m²

1090 m²

House

Currently for sale - view listing

Overview

Rare Multi-Generational Property With 2 Granny Flats, Development Potential & Endless Flexibility

Packed with flexibility and future upside, this unique property offers multiple living zones, current income and subdivision possibilities (STCA) - making it the perfect opportunity for investors, extended families, builders or buyers wanting extra income streams. Set on a huge 1,090m² block, the home is currently configured into several private living spaces with separate entrances and outdoor areas, allowing a variety of living or rental options. Features Include: -Huge 1,090m² block with subdivision potential of rear block (STCA) -Side access to huge rear yard (approx 500sqm) space for big shed or granny flat -Highly versatile layout with multiple self-contained living areas -5 bedrooms and 4 bathrooms in total -3 bedroom 2 bathroom in the main section -Plus 2 X 1 bedroom separately accessed granny flats -Ideal for extended family, shared accommodation or rental income -Multiple private entrances and patio areas -Each granny flat has separate wiring with internal electricity meters for easier power sharing -NBN installed and accessible to all living areas -Plenty of scope to further improve and increase returns The property currently returns approximately $650 per week from the 2 guest flats, with excellent potential to increase income through further improvements or reconfiguration if required. A rare opportunity offering strong cash flow, multiple living options and outstanding future potential all in one property. **Under QLD legislation no price guide can be given with an Auction campaign however the property may be filtered into a price bracket online for functionality purposes.