Are you looking for a home that is in need of TLC where you can improve value, or perhaps you are looking for a potential development site in a great location of Redland Bay, or maybe even an investment property with tenants already in place? This home ticks all of those boxes.
What's truly special about this land? It's 809m2 Under State Priority Development Zoning. The Weinam Creek Priority Development Area (PDA) which includes the Weinam Creek Marina, located at the intersection of Banana and Meissner Street. The total area of the PDA is approximately 42 hectares, including 36 hectares over land and nearly 6 hectares over water. The purpose of the PDA is to reinforce Weinam Creek as a community focus and a regional gateway to the Southern Moreton Bay Islands including Macleay, Lamb, Karragarra and Russell islands.Development will include opportunities for mixed use and medium density residential dwellings.
Features of the home itself:
- Rendered brick home on two levels
- Main living w/ ceiling fan overlooking front yard
- Dining room off kitchen flows out to rear veranda
- Rumpus room downstairs includes shower & toilet
- Combination of timber look vinyl, carpet & tile flooring
- Kitchen w/ electric cooking, double sink, laminate bench top & textured splash back
- Master bedroom w/ ceiling fan, built in robe and access to private veranda overlooking backyard
- 2 additional bedrooms include built in robes & access to front veranda
- Main Bathroom upstairs w/ shower, bath tub, vanity & separate toilet
- Second bathroom downstairs w/ shower & separate toilet
- Dedicated laundry space downstairs
- Large back yard w/ small garden shed & established shade trees
- Single lock up garage
This home has been kept in it's original condition and is situated on a large 809m2 block in the centre of Redland Bay. In close proximity to the water's edge, parks, the new Woolworths, cafes, schools including early learning centres and public transport.
Redland Bay is rapidly growing with plenty of developments happening in the area, proving over and over that this location is a fantastic suburb to invest in.
For further information on the current returns on this property, please contact Jesse & Jesse today.
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