Yes this house has the basics…
- bedrooms, 1 bathroom, separate toilet
- Airconditioning split system for heating or cooling plus ceiling fans in the bedrooms
- Separate laundry
- 2 x huge covered entertaining spaces, one front and one back to enjoy at all times of the day
- Massive, three bay 9m x 6m (approx.) powered shed plus gardening shed
- Enough land to play cricket on Friday, host a festival on Saturday and a wedding on Sunday or all three at once
- Quiet street
- Public transport at your door (bus) and 6 minute drive to Morayfield train station for easy city access
- Walking distance to Morayfield Shopping Centre
- 5 minute drive to fast food outlets and all major chain stores on Morayfield Road
- 7 minute easy drive to the M1
It's a comfortable enough house to live in for now or make your own for the next few years.
But that's not why you are going to buy this property.
In 2016 Morton Bay Council rezoned this address as 'Next Generation Neighbourhood'.
This is due to the square meterage and location of the LAND.
These properties are as rare as hen's teeth.
With:
- No easements
- Sewerage at rear of block
- No bushfire related, flood management or heritage overlays on this property
You can build 3 residences on this land NOW! It already has zoning approval. No need for a planning / development approval from council and all the associated costs, complicated applications, headaches, stress and crossing your fingers. (STCA)
Either demolish and build now for profit OR live in/rent out and build/sell later.
This gold mine of a property is estimated to be worth 1.5 million dollars in 10 years' time.
Perfect for developers or those wishing to let the market and time build their equity for them.
This is REAL estate just waiting for the smart investor.
Current rental for property until January $390/week. Market rental return approximately $500/wk from January 2026.
Rates $580/qtr
Water - $445/qtr
assignmentLooking for more information on 5 Macadamia Street?
Explore comparables, sales history and growth for this property.
