This impressive 810m2 block of prime bayside real estate offers the perfect opportunity for somebody looking to move into the existing home, build their dream home in an incredible location or subdivide with unlimited future promise to either develop one or both blocks.
Currently on two lots (widows block subject to council boundary realignment), the dimensions of this 810m2 block consist of a 24.1m frontage x 42m depth.
The property features a beautiful three bedroom character home, boasting polished hardwood floorboards, French doors, Cornish ceilings, stylish master bedroom, modern bathroom and an open plan living and dining area that adjoins the well-equipped functional timber kitchen.
This property also features an extra-large lock up garage and fully self-contained studio at the rear of the property complete with kitchenette, bedroom, bathroom and living area.
With all of these options available for an investor, developer, someone looking for a big block or someone looking to land bank for future development, this property is sure to suit the most astute buyer.
For the investor the main house has previously rented at $460 per week and the studio is currently leased for $275 per week offering a great rental return, and additional income.
Conveniently located just a few minutes' drive to Manly Harbour Village, Manly or Lota train station for the daily commuter, restaurants, café, boutiques and 10km of bike/walking paths along the Esplanade from Lota to Wynnum North.
This location provides direct access to Brisbane CBD, Port of Brisbane, Brisbane Airport and the Gateway Arterial with only a 1 hour drive north to the Sunshine Coast or 1 hour south to The Gold Coast. Within Manly State School catchment and easy access to some of Brisbane's finest public and private schools including Moreton Bay College's and Iona College.
