Positioned in one of Cairns' most tightly held and highly sought-after suburbs that is so close to the City, this property presents an outstanding opportunity for builders, developers and experienced renovators seeking to capitalise on location and land value.
Set on a generous 809sqm allotment, the property does include a lockable shed with power and a concrete floor, great for projects we shouldn't have or a great place to coordinate the renovations.
Reimagine or redevelop (subject to relevant approvals). While the existing dwelling does need some renovation, the bones of this property are solid. the underlying fundamentals and premium positioning make this a compelling proposition for those with vision.
Key property considerations are provided to assist buyers in making informed decisions:
• A new roof will fix the majority of problems
• The back stairs will also need to be replaced
• Some work will be needed in the bathroom flooring
• Concrete and steel stumps are in exceptional condition
• 4.5m side access (essential for a second dwelling to the rear).
Internally, the home features tulip-oak hardwood timber flooring which appears to be in good condition and is likely to respond well to polishing - providing an excellent base for either a character restoration or contemporary transformation.
The property is ideally located within the catchment zones for Edge Hill State School and Cairns State High School, further enhancing its long-term appeal and investment potential.
Whether you are looking to renovate, raise, rebuild, redevelop or just want to add a second dwelling to the rear anything is possible with the right approvals from the local authorities.
With 4.5m access down one side the home is positioned well for the consideration of a second dwelling providing another income stream.
This is a rare opportunity to secure a foothold in a premium location where opportunities of this nature are increasingly scarce.
An opportunity not to be missed.
For further information or to arrange a private inspection Contact Fat Moley 0410 735 854
Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility or liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement
▶
