This one is a Bayside Development opportunity that is close to all amenities and is only five minutes from the waterfront.
It has got an existing rental potential, plus this 819 sq m size of prime Bayside land presents an opportunity for developers or investors looking to capitalise on this accessible location.
A major bayside shopping centre and bus hub are walking distance, and Manly and Wynnum Esplanades are both a short cycle or drive away. Home buyers or tenants (if you choose to add the new homes to your portfolio) will like the 2 new builds on this block (that has a 20 m frontage).
This family home has 3 bedrooms and has a cute cottage ambience. There’s a built-in sunroom that offers additional living space. A two-car garage allows access to a utility area before entering the home, and there are two sheds that have enough storage capacity. The current owners have spent many wonderful years in this property, and had actually renovated the kitchen and installed a new roof. They love the peacefulness the outdoor area brings and the privacy the expansive backyard offers.
Now it’s time to move on, therefore, creating an opportunity for you. As a rental choice, the existing home is available for immediate tenancy and will provide an income while you wait for BCC development approval. Renters will like the proximity to both public and private schools, public transport to the city and surrounds, easy access to Gateway Motorway and Port of Brisbane, and nearby restaurants.
Full Address- 318 Preston Road, Wynnum West, Qld 4178
Price - $400,000