Are you looking for a property where you can manufacture your own equity? 160 North Road presents a rare "Value-Add" opportunity on a prime 647sqm allotment. This is not just a house; it is a strategic investment with multiple pathways to profit.
Immediate Income & Security Secure your portfolio with immediate cash flow. The property is currently tenanted at $530 per week until February 2026, providing you with guaranteed holding income while you plan your renovations or development.
Unlock the Value This property is a "diamond in the rough" and is priced to reflect its current condition. For the savvy buyer, this means:
Renovation Upside: Restore the roof and refresh the interior to boost rental appraisal to $550pw+ and increase capital value.
Dual Income Potential: The massive backyard and 647sqm block provide the perfect footprint for a Granny Flat (STCA), allowing you to potentially double your yield.
Strategic Landbank: Positioned in a high-growth pocket of Woodridge, close to transport, schools, and retail hubs.
Key Features:
• Large 647sqm Block with side access.
• Functional 3-Bedroom Layout with high-set charm.
• Solid Rental History: Currently $530pw.
• Prime Location: Easy access to the M1, Logan Central, and local amenities.
The owner is committed to a sale and has priced this property to move quickly. Bring your vision, bring your tools, and unlock the massive upside that 160 North Road has to offer.
